NEW DELHI: External Affairs Minister S. Jaishankar subtly criticized U.S. President Donald Trump while discussing the unpredictability of the global order. He noted that recent events demonstrate that “a few months, weeks, and tweets make a difference” in our current global landscape.
During a panel discussion at the Observer Research Foundation, themed ‘At The Heart of Development – Aid, Trade & Technology’, on the sidelines of the United Nations General Assembly, Jaishankar emphasized that the world is experiencing increased unpredictability and volatility. “A few months ago, there was a clear trajectory toward greater unpredictability,” he said, stressing the need for nations to adapt to rapid policy changes.
Jaishankar reiterated India’s stance on de-risking from uncertainties, emphasizing the importance of creating more resilient supply chains and having various production centers. “When we said let’s de-risk the world and hedge against uncertainty, it meant enhancing our production capabilities and ensuring redundancy in our supply chains,” he added.
He highlighted the necessity for countries to protect themselves from market access uncertainties, stating, “The entire economic chain has become much riskier… Diplomacy and international relations now hinge on de-risking and building resilience against unforeseen contingencies.”
In a pointed critique of major global powers, Jaishankar noted the rise of trade protectionism and tariff unpredictability, which he argued is eroding trust within the international system and disproportionately impacting the Global South. Although he refrained from naming specific countries, his remarks appeared aimed at recent actions by the United States and China, which he described as “trade hypocrisy” amidst selective responses to global crises.
Jaishankar concluded that tariff volatility and uncertain market access necessitate a growing imperative to de-risk, whether due to limited supply sources or overdependence on specific markets, underscoring that India will maintain its freedom of choice in global affairs.
