Turning crisis into opportunity – by Amitabh Kant

Though the Donald Trump administration has given the world a respite from its new tariffs, global markets have been in turmoil ever since they were announced. Volatility and uncertainty spiked. Close to $6 trillion was wiped out from global markets. With the United States negotiating bilaterally, the multilateral trading system, where distinctions were made between developed, developing and least developed countries, stood threatened. In the next three months, India should explore the massive opportunity that the ongoing reshaping of globalisation gives us. However, navigating these changes will require concerted policy action.