A report found that in a scenario of tit-for-tat tariffs by Trump and the EU, the euro zone GDP would slump 1.3% in 2027 and 2028 and fall as much as 1.5% in Germany.
With its own EV market in a nascent stage, India could be an attractive investment destination because China's economy is slowing and Europe is looking to curb Chinese imports.
I wonder how the current government thinks it can talk about building ‘Future City’ in Hyderabad when even the present city itself is barely functioning.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
PTC Industries is investing Rs 1,000 cr in 4 manufacturing plants in UP, has already started supplying titanium parts to BAE Systems for its M-777 howitzers that India also uses.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
Germany should focus on building up trade ties with India and Indonesia.