Globalisation Out, National Interest In: India Must Rethink US Strategy, Says Meera Shankar

World
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CNBC TV18•21-01-2026, 23:49
Globalisation Out, National Interest In: India Must Rethink US Strategy, Says Meera Shankar
- •Former Indian Ambassador Meera Shankar states that globalisation no longer guides US economic policy, necessitating India to adjust its trade and diplomatic strategy.
- •President Trump's Davos speech highlighted an "economic miracle" in the US, driven by domestic energy production, tax cuts, and higher tariffs, prioritizing American workers.
- •Trump linked trade and security, demanding control over Greenland for US security interests and warning Europe of consequences for non-compliance.
- •European leaders, including Macron and von der Leyen, showed strong pushback against Trump's stance, signaling a "rupture or disruption of the old order."
- •Harsh Pant of ORF noted Europe's limited leverage due to internal divisions, making their response to Trump's transactional demands challenging, especially on NATO issues.
Why It Matters: India must adapt its strategy as US policy shifts from globalisation to national interest, impacting trade and diplomacy.
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