• MEDIA: Trade, Tariffs, Ties: What India Can Expect If Donald Trump Retu

    From John D Groenveld@21:1/5 to All on Mon Aug 5 10:38:55 2024
    News18's anonymous News Desk hacks on whether Susie Wiles recommends
    that Donald Trump enlist Narendra Modi as his MAGA campaign surrogate
    for the National Question: <URL:https://www.news18.com/explainers/trade-tariffs-ties-what-india-can-expect-if-donald-trump-returns-to-power-8981561.html>
    | Bilateral Trade: Both India and US have been seen negotiating a
    | trade deal during Trump's first term. While there is no progress on
    | a bilateral trade deal between the two countries during Biden's
    | presidency, Trump might take the US out of the World Trade
    | Organization and deal with the countries individually. The previous
    | Trump administration had revoked the Generalized System of
    | Preferences (GSP) from India. The GSP allows eligible developing
    | countries to export duty-free goods to the US. At the 14th India-US
    | Trade Policy Forum in New Delhi in January, India sought easier
    | visas for its traders and investors, participation in Washington's
    | public procurement and also asked the US to make permanent the
    | system of eligible applicants to renew their H-1B visa there itself
    | instead of coming back home. The bilateral trade between India and
    | the US stood at $118.28 billion in 2023-24. Exports to the US dipped
    | by 1.32 per cent to $77.5 billion in 2023-24 as against $78.54
    | billion in 2022-23, while imports dipped by about 20 per cent to
    | $40.8 billion, as per a GTRI report. Washington was the top trading
    | partner of New Delhi during 2021-22 and 2022-23, but in 2023-24
    | China emerged as India's largest trading partner with $118.4 billion
    | worth of trade.

    Will Trump draft JD Vance to sell his signature bipartisan merit-based immigration reform legislation?
    John
    groenveld@acm.org
    --
    "@emeriticus @MaxNordau it's pretty lulzy how Trump pardonned random
    shitbag rappers rather than the J6 people and they still support
    him" - Chris Brunet <URL:https://x.com/realChrisBrunet/status/1661529668019781633>

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