New Delhi: Is Donald Trump’s re-emergence in America a spring for India? Its discussion has already started. Will India’s tension increase under Donald Trump rule or will relations with America improve? Now things are becoming clear regarding this.
According to experts, India is only benefiting from Donald Trump’s return to the White House. According to experts, India can benefit from softening oil prices due to the return of Donald Trump. Besides, India will also benefit from their dispute with China. Trump administration may restart bilateral tariff talks with India to increase trade. Not only this, his return can benefit from the early end of the Ukraine-Russia war. India also wants the same. It is not easy to ignore India. Even Donald Trump will not ignore the way India has started making waves all over the world. Donald Trump Given India’s growing economic strength and current global economic realities, the Trump administration’s stance is likely to be soft. According to an expert, both Prime Minister Narendra Modi and President Trump are experienced global leaders, who have a common agenda – a strong, secure and prosperous world. He said that India has worked cordially with the Obama, Trump and Biden administrations. China-Pakistan will lose their sleep. Trump’s return is sure to give sleepless nights to Pakistan and China. Because India has been repeatedly raising this issue in the war against terrorism, in such a situation America can support India during Trump rule. Because Trump has also been keeping a very hard stand on terrorism. Also, under Trump’s rule, American tariff policy will target China. If this happens then it is India’s silver. India may gain prominence in comparison to China in terms of construction and investment. According to officials and industry experts, India and the US are ready to strengthen strategic ties through their common goals of democracy, controlling illegal immigration, checking money laundering and fighting terrorism. Which sectors will benefit? Experts say that Donald Trump’s America First Agenda will affect India-US trade. However, it can benefit India through friend-shoring. His election promise of 10-20 per cent tariffs on all imports and 60-100 per cent tariffs on Chinese goods could make Indian clothing, shoes and toys more competitive in the US market. Additionally, India and the US have recently resolved their disputes amicably, outside the WTO. Both countries are always ready to hold bilateral talks on trade matters for mutual benefit. Modi-Trump friendship will also yield benefits. It is worth noting here that America remains one of India’s largest trading partners. Bilateral trade between the two will reach $119.72 billion in 2023-24. India mainly exports pharmaceuticals, telecommunication equipment, precious stones, textiles and marine products, while importing crude oil, petroleum products, coal and IT hardware. In such a situation, India can get more benefits commercially due to Trump’s arrival. India can also benefit from the friendship and personal relationship between Donald Trump and Prime Minister Modi. The relationship between the two will take forward India-US relations and will seek bilateral agreements on trade, defense and foreign direct investment. Tags: Donald Trump, PM Modi, US Election, US electionsFIRST PUBLISHED : November 7, 2024, 05:59 IST