Tariffs have been used in the past by countries like Japan and South, to promote or hinder industrialisation. The surprise in Trump’s tariff argument is two-fold.
Win-win negotiations are always about give and take, a deft combination of assertion and acquiescence. A mutually acceptable trade deal would do a lot of good to both countries.
Donald Trump has been vocal about India’s high import tariffs and has threatened retaliation. Simultaneously, his tough stand on China could see Chinese goods flood India.
The US Trade Representative further added that termination of 6 WTO disputes with India & the country's removal of retaliatory tariffs last June has benefitted farmers across US.
Speaking at an event in Delhi, US Ambassador to India Eric Garcetti adds 'FDI isn't flowing into India at pace it should' & New Delhi must not view its self-reliance as 'fortress'.
For India, the strategic ripples are significant. The immediate concern is Pakistan’s diplomatic gain as it embeds itself deeper into the defence framework of the Middle East.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Building on long-standing ties & Islamic solidarity, Strategic Mutual Defence Agreement comes at a time of heightened regional tensions especially after Israeli attack on Doha.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
“99 per cent of the mobile phones sold domestically are now manufactured in India” means its assembled in India whereas a lion share of its parts are imported from other countries.
The culprit is the Gandhi-Nehru village mentality of our politicians. Socialist India focuses on low-tech, labor-intensive manufacturing. Apparently, high-tech, complex, precision-engineered manufacturing doesn’t fetch votes for the government.
“99 per cent of the mobile phones sold domestically are now manufactured in India” means its assembled in India whereas a lion share of its parts are imported from other countries.
The culprit is the Gandhi-Nehru village mentality of our politicians. Socialist India focuses on low-tech, labor-intensive manufacturing. Apparently, high-tech, complex, precision-engineered manufacturing doesn’t fetch votes for the government.