16th Aug 2019: The Hindu Editorial Analysis
1) Trade rhetoric: On U.S.’s WTO pullout threat
- U.S. President Donald Trump opened up another front in the ongoing on Wednesday by ramping up (behaving) rhetoric against the World Trade Organization (WTO). He even if it fails to treat the U.S. fairly and blamed it
- In a memo to the U.S. Trade Representative last month, Mr. Trump pointed out that nearly classified themselves as , and raised the issue of even many rich economies claiming to be “growing” rather than “grown” economies. This time around, in of the U.S. by classifying themselves as “developing countries” at the WTO.
- The s allows countries to seek for free and fair trade between countries. The status, for instance, allows countries China and India, with their special tag, to impose from other countries and also offer in order to protect their domestic interests.
- on their producers who are put at a relative disadvantage, but countries like have argued that their developing country status is Mr. Trump’s recent attacks on the they were truly about to trade.
- The “, which offers substantial benefits to countries that want and which most countries are more than happy to make use of, over the years in favor of certain countries. But he (Mr. (gathering) up to not to further the cause of (promoting the growth of) global free trade, but as a convenient pretext (a fictitious reason to conceal the real reason) further .
- By that follow protectionist policies, Mr. against them. This will help him (support and strengthen) his and allow him to successfully America’s that has been affected by foreign competition.
- like China and India offer to , Mr. . That is reciprocation in the way of , which would work against the interests of local American producers.
2) Words and deeds: On Modi’s Independence Day vision
- Prime Minister Narendra Modi in his Independence Day speech combined the familiar rhetoric with some fresh thoughts. He spoke at some length about the indicating the importance that he attaches to these topics.
- Some policy measures, including the , are already in place to deal with the in India which gets worse every year. along with the has already caused such ruin to the ecology that mitigatory measures are required on a war-footing.
- He also made the significant announcement of , which could in a manner that suits the security challenges of the present times better.
- His call for in all these and also for were in the right spirit. The appeal to may be out of line with globalist prescriptions of development but should be welcomed even if it sounds impractical.
- His between 2014 and 2019 while the which began this year, he promised, . Mr. Modi said his government has achieved in 70 days what previous governments could not in 70 years.
- He struck an optimistic note and said eliminated. As it enters the , India , now more than at any moment in its recent past. The triumphalist (Proud in one's belief or culture) overtones of the speech, however, sought to camouflage (hide) the gathering clouds of a crisis in the economy on the one hand and the threats to the country’s social fabric on the other.
- Going by the has followed in the past, it could well be on the way . But he chose not to adequately address the current slump (decline) and he called upon businesses to invest.
- But while he touched on his of its , J&K will need quietness (peace) and slow time to return to normalcy. There were elaborate mentions of - from the that is already in place, to a plan that is in the making.
- Such overarching plans are central to his vision and the speech reflected that thinking. But if India is to be on a new course for the better, it needs more than grandstanding from the Red Fort. .
Source: The Hindu, Google Images