To the first point, India should divert President Trump’s attention by making big, even implausible, pledges about energy and weapons purchase from and large-scale investment in the United States – a cynical but necessary game the Europeans and the Japanese also played to avert a trade melt down.
To the second point, EU negotiators should secure a trade deal with India as soon as possible by requesting concessions similar to those New Delhi would have been willing to give Washington – but without trampling on any red lines – now that India’s cards have been revealed by the Americans’ reckless negotiation tactic.