How the next American president could affect ties between India and the US

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INDIA’S Relations WITH US UNDER BIDEN

India exports far more to the US than it imports, putting the diplomatic trade imbalance at over US$ 45 billion in New Delhi’s behalf.

Experts concur that the final four years of Biden’s administration have provided more security on the industry and proper front. He embraced New Delhi fully, hosting Modi on his first express visit to the US this year.

Both nations resolved trade disputes while Biden was in office, with the US beginning to reveal crucial technology with India to produce defense hardware.

Biden’s essential purpose was to enable provide India to take on China in the region, said experts. They added that because of this, he even gave strengthening the QUAD, a political group consisting of Australia, Japan, India, and the US, a top priority.

” Biden has worked pretty systematically to build institutional groups, to create a better balance ( in the region )”, said Meera Shanker, who served as India’s ambassador to the US in 2009.

She continued,” It would be best if Trump won the election to at least maintain the status quo.” &nbsp,

” But if he decides to disrupt the functioning of ( the alliances and processes ), then it would be a fairly unstable situation”, she noted.

Although he is expected to be harder on China on business issues, analysts have suggested that Trump does not remain the Biden administration’s protection strategy in the region.

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BRICS leaders tout joint finance, trade projects at Russian summit

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LOCAL Assets While China’s President Xi Jinping urged the BRICS countries to intensify their financial and economic assistance, India’s Prime Minister Narendra Modi expressed his satisfaction with the steps being taken for the country’s economic integration. A BRICS Clear Depositary and Securities Trade Settlement System, as well as a typicalContinue Reading

EU, China continue negotiations over proposed higher EV tariffs ahead of upcoming vote

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DAIRY SECTOR BEING HELD HOSTAGE: INDUSTRY LEADERS

The secretary-general of the German Dairy Association demanded from the Commission to stop the market from becoming the victim of a wider conflict with Beijing, according to industry leaders.

Last year, the EU exported dairy goods worth about US$ 2 billion to China.

Caroline van der Plas, party chief of the Farmer Citizen Movement, a French economic and right-wing nationalist political party, said:” China does this more and more frequently, threatening with measures against the flesh industry, especially the pork industry, because they know a dozen countries are going to have major problems when they follow through with it.

These locations include the Netherlands, Denmark and Spain. They are the best meat exporters in the EU, and they believe China to be a lucrative market.

Member nations ‘ opinions on whether China’s hostile actions divide the bloc, with members voicing disapproval of their support for the Electric tariffs, have emerged.

Major EU and Chinese industry officials have come to an agreement to enhance their efforts to resolve these trade disputes.

In the interim, those in a number of the affected sectors are hoping that officials may take some time to consider the potential risks of a everlasting conflict between the two powers.

By the end of October, the last duties will be in place, provided there is no a majority of 15 EU members, or 65 % of the population, casts a certified ballot against them.

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German naval ships sail into sensitive Taiwan Strait

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Der Spiegel, a European magazine, reported the planned voyage for the first time next week, but European defense officials did not confirm the details right away. The Taiwanese foreign government stated on Tuesday that it “applauds and affirms Germany, along with the US, Canada, and the Netherlands, for taking stepsContinue Reading

Pacific Island leaders ‘endorse’ joint policing plan

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Tonga’s NUKU’ALOFA: Australia reported that Pacific Island leaders who met at a summit on Wednesday ( July 28 ) approved a contentious regional surveillance program in an effort to limit China’s protection presence there. According to Prime Minister Anthony Albanese, leaders have agreed to set up up up to fourContinue Reading