Hope FOR A Update
Against this backdrop, it is easy to discover why Trump’s win in previous November’s presidential election raised expectations in India for a reset in diplomatic relations. It is helpful that Trump has frequently pledged to reach a quick resolution to the Ukraine conflict, removing India’s option to choose not to participate in that issue.
A few weeks into Trump’s subsequent administration, however, there are factors to fear this red situation. Trump has so far failed to stop India from pursuing his relentless plan promises, including reducing taxes and deporting illegal immigrants. Their hands and feet were shackled when the Trump presidency sent more than 100 Indian immigrants back to India on a military plane during the 40-hour struggle. Modi said little.
In fact, much from standing up to Trump, Modi has prematurely slashed taxes on US goods, hoping that this would keep India out of” Tax Man’s” places. But a unsatisfied Trump, who has called India a “very great abuser” of taxes, has never spared India from his steel and aluminum charges. He wants India to clean out its US$ 35 billion bilateral trade deficit, by buying more oil and gas merchandise, and more arms, from the US.
India is the world’s third-largest major energy customer, after China and the US, and the largest source of fuel need progress. For a US leadership that is committed to increasing domestic oil and gas production, the country is a very attractive business for it. It also means that Trump’s devotion to pushing down fuel costs, including by applying pressure on OPEC head Saudi Arabia, do gain India’s economy.
Trump has never been mainly concerned about making sure that his business contracts are beneficial to both parties. His strategy for India might be to force Modi’s government to take the business package of his choosing using the danger of tariffs.
That is what he did to Japan during his first administration. He even attempted to do it with India, but he did it, and instead he stripped it of its unique business status, leading to India imposing retaliatory tariffs on some US goods.
If Trump ends up slapping more taxes on India, the Indian market was slow, at least significantly. More broadly, Trump’s” America First” business plan – which conflicts with Modi’s” Make in India” program – threatens to undermine India’s position as the country’s “back office”, providing substantial IT and business solutions to US companies.