As I wrote yesterday on India Inside Out (“no one is ditching the US yet”), New Delhi was unsure whether going ahead with the EU deal would anger DC or provide an impetus for more negotiations (and perhaps more concessions).

In the event, it seems to have done the latter (including the concessions), and for now has given India a better tariff rate than ASEAN. Now for the fine print, including details on India important American agri and, um, coal?