Don’t get excited. Trump’s new tariff on India will only raise $40 billion.
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Photo above - President Joe Biden appears perplexed in June 2023, as India's Prime Minister Modi promises to become America's best friend forever. Shortly afterwards, Modi began buying Russian oil, to help Putin fund his invasion of Ukraine.
I’m all for placing higher tariffs on India, as punishment for buying Russian oil. (see link below). As a fellow democracy, India should stand strong with western nations which support the independence of Ukraine. Not only is India buying Russian oil, they’re also buying Russian jets. India’s Air Force is brimming with SU30 and Mig 29 jet fighters. Putin is plowing his profits from those oil and weapons purchase right back into its invasion of Ukraine.
But I doubt if the $40 billion tariff hit is going to deter India from its misbehavior. The self described “Jewel of the East” is gearing up to fight wars with both Pakistan and China. Non-nuclear, we certainly hope. As far as that goes, India buys its uranium from Canada. Hey, could you guys north of the border please behave also? And put out your damn forest fires! This is the second year in a row.
I’m pretty sure I could manage to live without fast-fashion100% polyester tops imported from India, if it comes to that. Probably basmati rice too. But tariffs on rice and cheap clothes aren’t going to bring any jobs back to America.
If Trump was serious about jobs, he’d impose tariffs call centers, and help desks. Those are the sort of jobs which people in small town America could easily do with their high school diplomas. And the $40 billion we get from import tariffs - if Trump doesn't chicken out again - would only fund the US government for 1 day or so . . .
I’m just sayin’ . . .
Trump’s 50% Tariff May Clip India Growth by 1%, Analysts Say
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@Khenpal1 They are both BRICS+ members so the sanctions do not and cannot be applied, within that trade agreement they agree to purchase from each other so that it is mutually beneficial So strictly speaking India shouldn't actually go outside the group for their oil
@Khenpal1 further that price cap on it has made it better, well actually not because that also cannot apply. The alternative is they get oil from Iran also a member of the group
@SusanInFlorida A 'cat-dog' called electoral autocracy- electoral autocracy is today's most common form of autocracy.The erosion of democracy in India is not happening in isolation - it reflects broader global trends of rising authoritarianism.India’s interpretation of its own interests are therefore not aligned with western interests, and if its positions align with certain western positions, those have less to do with any perception of shared values, and more with defending its own perspective. India’s Worsening Democracy Makes It an Unreliable Ally. May 2014, when Modi came to power, until July 2022, in their forthcoming book, How Long Can The Moon Be Caged?. The detained prisoners include lawyers, writers, human rights activists, and other socially-conscious dissidents. According to watchdog Access Now, India leads the world in network shutdowns, and as western tech companies have learned, India browbeats telecom and social media companies to take down content and threatens them with police action if they don’t comply.
@Khenpal1 you are well informed about india's problems. that's the perception of some of us in America too. I work with several Indian nationals, both here and in india, in my job (they write code). i have the greatest respect for the people i work with
@SusanInFlorida The same happened in US it is he that has the greatest backing both financially and persons who can influence that will win an election.
