In Episode 1588, ThePrint Editor-in-Chief Shekhar Gupta explains how China used trade as an agent of growth & what it means for the world, particularly India & US.
Bangladesh, a major export market for India, is already grappling with inflation & unemployment. The unrest can worsen the situation, impacting import demand.
While RBI move to allow export/import to be invoiced in Indian rupee will solve some problems, there is no guarantee it will circumvent payment issues with Iran or Russia.
India is among partner countries seeking to allay U.S. trade deficit fears by increasing imports as the Trump administration redraws bilateral trade plans and seeks to alter world trade norms.
Just as central ministries and state departments are represented by designated spokespersons, police headquarters should also appoint media officers for daily briefings.
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.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
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.
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