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The economic war has been unleashed towards the world right from the start of the second term in the office for US President Trump. The way with which the tariffs are planned and being executed does not have a very rational. The fantasy of “MAGA” and the obsessive ego of achieving this misapprehension is not only costing America but also to the world. The irrational numbers and the prolonged ambiguity with the implementations are main factor of the destabilized world. The tariff war has decapitated many in the race of achieving the best possible deals with Trump without analyzing the long-term effects. Trump tariffs has not spared the allies like the EU which was having a trade with around 2.5% tariff has seen five-fold increase in the tariff without reciprocal tariff on the US goods. The US goods will be tariff free further compelling EU to invest in billions in US market and sourcing around 750 billion of energy needs from US. The same is the case with many other progressive countries like the Japan, S Korea, and other Latin American, third world countries. The choke that these countries are compelled to go through will have a long-lasting negative impact on the economies of these countries, fallen prey to the pressure tactics to stitch a one-sided deal applied by the Trump governance and his officials. In any bilateral trade between the countries the situation should be a win – win deal for mutual growth of the economies.
The big surprise for the world today is the strain in ties between the two oldest, huge, and great democratic nations who had started the journey on a very promising note. The restrain shown from the Indian side for any trade deal is authoritatively extraordinary. The value of having a deal which will be mutually beneficial and help in the growth of the economies is what the stand of India. So, what has strained the deal from maturing into a substantial outcome.
India firm stance on the trade deal
The trade deal has hit the roadblock for the sectors of Agriculture, Dairy and import of the GM crops. For a country where the majority of population lifeline depends on these sectors will be a very hard sectors for entry not only US but also to any foreign market. These sectors are no-go area and cannot be opened to any outsider. Any miscalculation to these sectors will kill the population economically dependent on these sectors which the government will never allow. The recent statements of Trump “We are going to open India market completely” was more of an ego centric statement. The firm stand of Indian government in this respect is creditable. These sectors are not open and will not be opened at any cost.
The false claim of the truce
Recently in the Parliament of India, the claim of bringing the halt in the escalation of “Operation Sindoor” by any third party was dismissed out and out by the Indian government. The statement given in the discussion, where Modiji stated that no country was responsible as third-party intervention, and the escalation was brought to halt by engagement of the armies between the two nations involved. The calibrated statement without taking any name was an impactful message to the world and for anybody doing the false claims.The Noble snub
Recently White House spoke person Karoline Leavitt, endorsed the Noble for US president by advertising his diplomatic achievements. The same question was placed in front of the Indian External Affairs spoke person Randhir Jaiswal; the question was redirected to the White House itself without any endorsing answer to the question.The colonial days are far over and this needs to be understood by any powerful nation. Today the world has moved from bipolar to multipolar mindset. The formation of different grouping of countries are taking shape to facilitate the growth of individual nations in a collective manner. The Indian view and emphasis on having a win – win discussion is the real essence of growing and moving forward collectively. Never ever India has been a mindset of colonization the mutual growth practices has always been the key to any discussions India has with the counterparts. US can never achieve any trade deal which will not be of mutual benefits and based on shear arrogance of tariff threats. As cleared some sectors like Energy security, Defense security and the core issues which are country specific cannot be tarnished and ignored for a small number of benefits. Indian government is aware and at present “No Deal is the Best Deal”. The relations of India are with America and not with the current governance, so the wait and watch, non escalatory approach of the Indian government may seem to be irate, questionable but is far more beneficial in the years to come. Remember as important the trade deal is for India it is equally far more necessary and important for America.
