Trump calls a friend to India, but he is trying to block his imports star-news.press/wp

Measures The new Trump rates were a puzzle for the main economists of the country’s trademark. His politicians were also surprised.

Starting next week, almost all Indian goods arrive in the United States will be 27 percent.

The image was baflyly large, to partly because the government ministers went to Washington since he reached Washington. From transparent Rose, Mr. Trump directed the Prime Minister of Narendra Modi in India while delivering disappointing news, calling “My great friend”. But that wasn’t enough.

The Trump Administration, in a white house document, accused of the use of India “inherent” methods to “American companies to be difficult to sell Indian products or expensive.”

The Indian Government How to answer how to answer. The country sells more in the United States about $ 46 million last year.

But unlike other Asian countries with surplus trade with the United States, India has a negative trade balance. He buys more than that sells from the rest of the world. This would fit its trade policies to make the Lord of Trump especially painful.

His currency was already weakening. Reducing its surplus with the United States would turn the rest of the world more expensive.

For new rates, Indian companies will have time harder to sell their products to American buyers. But there is no light where the pain is in pain.

Mr. Trump does not mislead India to eradicate certain industry policies. In fact, some Indian economists expect that a crisis could forced their country to stop using tariffs and other measures to protect their home industries from foreign vendors. They reason to change more competition and force long-term profit. But in the short term, it looks unbearable. The failures of home businesses would rise to compete suddenly.

Some of the hopeful investors indicated that, according to exports, as countries like China or Cambodia, India had a large and relatively unmicious base of consumers. In theory, they were able to replace American customers who have had a higher cost of imports in India.

“India is a very huge market,” Md Ranganathan said, President of Catamaran Ventures, private investment company in Bengaluru. Said Indian manufacturers could continue to improve if you need to be more dependent on buyers at home.

In the end, it is as bad as India in front of the tariffs – almost all the countries competing in the world phase are worse. In India’s years he tried, a little success but even more failure, picking up manufacturing work that has left China. Countries like Vietnam were drilled. But with Vietnam exports 46% of the rate, 27 percent of India seems advantage. The Indian factory is a great question whether the Vietnam is replaced.

Other quiet: Some of the most important exports in India will escape the penalty. Exceptions for energy products means fuel businesses between India and the United States, importing, refining India and exports oil products to America, should not be affected. Also, Indian pharmaceutical exports will also be excluded from new rates. Even his specialized gems can be found to escape. Of course, it is not to say that the Lord Trump will follow these carves; Future fares are very possible.

The textile can give another bright place. India suddenly seem better than Bangladesh, 37 percent or Sri Lanka, 44 percent – nearby neighbors nearby the manufacture of the low margin of India.

Indian iPhones and other electronics will be much more expensive than selling in the United States, but maybe it will be more attractive than doing the same thing in Southeast Asia.

Ajay Srivastava, a former commercial official of the global trade research initiative, wrote a tank of tanks in New Delhi that he presented a complete list of Lord Trump with an opportunity in India.

“Because global marks want to diversify supply chains from high-rate countries, India may prefer for new manufacturing configuration and component assembly lines,” said Mr. Srivastava.

In 2022, the same problems returned to India in 2022, when the invasion of Ukraine and Chinese economic problems talked about foreign investors, “Decoupling” or “friends” to other countries, “Haunt go to India.

Although more than 10 multi-programs called India, the industry economy fee has fallen only 13 percent. Services and agricultural proportions proclaimed. India remains a hard place to do business, with layers of political interference and improved infrastructure – still falling from global standards.

Mr. Srivastava is not about the difficulties of dealing with Indian factory managers. He thinks it has a good sense to protect the local industries from smoother competitors. Indian industry, he said, “it’s like a patient.” Loving parents What would this child want against global champions?