Raghuram Rajan, former Reserve Bank of India governor, believes that the recent strain in the bilateral ties between India and the US, triggered by Washington’s tariff policies, will have a long-term impact on the relationship between the two nations.

Both nations will most likely “figure out” a trade deal, but military ties and economic pain trigged by tariffs can’t go parallelly, the economist said.

“I think it's one of those things where they will figure out an agreement. It can't be that you (India) are the most tariffed country in the world, more than China, and you know you talk about military friendship and alignments and join manoeuvre and so on. So, I think they have come to an accommodation. But i think these kinds of actions stay long at people's minds. The US cannot be truste

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