Stephen Miran, the brain behind Trump’s tariffs, wrote a report that helps explain the president’s present approach. It also shows why this approach is unlikely to work.
India has had a unique approach to Trump 2.0. It has been at once the most enthusiastic, conciliatory and the biggest votary of the ‘method behind the madness’ theory.
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.
Structural reforms are beyond extreme left wing Marxist Modi government.
Socialist Delhi does not have the guts lower tariffs of socialist India.