India-US relations: News and Discussions IV

[A_Gupta]

Claim 3: “India is a dead economy”
Trump’s claim: The US barely does business with India.

The truth: India’s been the US’s top trading partner four years running.

I think Canada, China, Mexico are ahead.

[hanumadu]

Anand Ranganathan: negotiate with Russia to discount oil sales to the same levels as they offered in 2022-23 (about 24%). India has proved its loyal friendship by standing up for them under pressure.

This level of discount will by itself more than make up for any projected losses from the expected US tariffs.

The rebate offered depended on the price of crude in the market. If the price was already low, the rebate was low. Basically Russia was not selling below a certain price point. Right now the price at below USD 70 $ is low. We exported USD 80 B last year. 50% comes to 40 B. We can ask Russia to lower the price enough to subsidize our exports to USA to the tune of 20 Billion which is what the additional tariffs cost. But I doubt Trump will stop at 50%.

India imports 5 B woth of pearls, gems ans precious stones and exports 10 B of the same. I think they are imported, processed and re-exported back to US. American businesses will be affected by these tariffs.

India exports more than 15 B worth of Engineering goods, 6 B electronic goods which are exempt from Tariffs, greather than 8 B dollars worth drugs and 6 B worth of petroleum products.

Indian pretroleum products exports to USA are exempt from Tariff, even if they are from Russian oil.
So are pharmaceuticals and electronic goods.

https://www.thehindu.com/business/Econo ... g_rewarded

Even this has an exclusion list that includes finished pharmaceutical products (tablets, injectables and syrups), active pharmaceutical ingredients, electronics and ICT goods (semiconductors, smartphones, SSDs and computers), and petroleum products (crude oil, LNG, refined fuels, electricity and coal).

I am guessing the margins on pharma products are outrageous and 50 or even 100 % tariff won't make a difference if it is imposed.

USA accounts for 16% of our engineering goods exports.

[chetak]

amrika has been ravaged by the deep state since the cigar smoking clinton administration, followed by obummer, and then by the shadowy gang that ran the biden presidency. The amriki people fought back and trump somehow surfaced, but had his second term stolen from him by the deep state using billionaires, while leveraging their tech and media muscle

Everything happening is the opposite of this narrative. It's just the pedo-prez trump and all his supporters/voters who are enabling this behavior and nothing more. The more people try to white-wash it, the more ridiculous this "deep state" conspiracy theory looks.

Jay saar,

what is someone's truth is another's conspiracy

deep state is a lived truth in India and its slanted outpourings are still credible to most Indians, even the so called educated ones

old books are still available, sometimes in private hands or even in good public libraries in larger cities and university towns that give the unvarnished truth, honestly written by unbiased observers

If this deep state has had such a profound effect on the whitewashed and falsified narratives of Indian history (to the extent that it is still being "taught" in schools today), and culture by commie scum in academia, media, and intelligentsia why would anyone be surprised to see it elsewhere in the world.

the pakis have white washed their entire "history" allegedly going back to more than 5000 years ago, and the beedis are doing it now, even as we speak.

The pakis had earlier claimed that their testimonials were arabic in origin, but have since have modified the claim as one testimonial is turkic, and the other persian, especially after the touchy arabs threatened to remove both of them without the benefit of local anaesthesia

after all, the deep state is commie owned, commie run and commie funded with the sole agenda of displacing every other narrative in existence, save their own

"to each his own" like one fancies that the imaginary "aryans" would say.

BTW, wasn't stalin an affectionate grandfatherly figure, pol pot, a favorite family friend, and mousey tung, a genial and generous uncle

stalin was indeed very affectionate and his affections were reserved for the tokarev 9mm semi automatic service pistol made for the Soviet Armed Forces. It was a "hit" with his friends when he lovingly greeted them with it

[gakakkad]

I think we ll be eating Tacos here in 2 weeks . I'll explain what I know next week .

[Vayutuvan]

Everything happening is the opposite of this narrative. It's just the pedo-prez trump and all his supporters/voters who are enabling this behavior and nothing more.

Very simplistic, I muss say.

[Jay]

Jay saar,

what is someone's truth is another's conspiracy

deep state is a lived truth in India and its slanted outpourings are still credible to most Indians, even the so called educated ones

old books are still available, sometimes in private hands or even in good public libraries in larger cities and university towns that give the unvarnished truth, honestly written by unbiased observers

If this deep state has had such a profound effect on the whitewashed and falsified narratives of Indian history (to the extent that it is still being "taught" in schools today), and culture by commie scum in academia, media, and intelligentsia why would anyone be surprised to see it elsewhere in the world.

the pakis have white washed their entire "history" allegedly going back to more than 5000 years ago, and the beedis are doing it now, even as we speak.

The pakis had earlier claimed that their testimonials were arabic in origin, but have since have modified the claim as one testimonial is turkic, and the other persian, especially after the touchy arabs threatened to remove both of them without the benefit of local anaesthesia

after all, the deep state is commie owned, commie run and commie funded with the sole agenda of displacing every other narrative in existence, save their own

"to each his own" like one fancies that the imaginary "aryans" would say.

BTW, wasn't stalin an affectionate grandfatherly figure, pol pot, a favorite family friend, and mousey tung, a genial and generous uncle

stalin was indeed very affectionate and his affections were reserved for the tokarev 9mm semi automatic service pistol made for the Soviet Armed Forces. It was a "hit" with his friends when he lovingly greeted them with it

None of this makes any sense nor is it anyway relevant to your original assertion that "deep state stole trumps second term and is causing this chaos". What next, throw aliens and UFO's into this mix.

For some fun...https://giphy.com/gifs/giffffr-tyttpHduQdg3d6O8jAs

[Jay]

Everything happening is the opposite of this narrative. It's just the pedo-prez trump and all his supporters/voters who are enabling this behavior and nothing more.

Very simplistic, I muss say.

I agree, but sometimes 1+1 = 1 and you do not need tangential doctorate level analysis to state the obvious.

[Ambar]

The rebate offered depended on the price of crude in the market. If the price was already low, the rebate was low. Basically Russia was not selling below a certain price point. Right now the price at below USD 70 $ is low. We exported USD 80 B last year. 50% comes to 40 B. We can ask Russia to lower the price enough to subsidize our exports to USA to the tune of 20 Billion which is what the additional tariffs cost. But I doubt Trump will stop at 50%.

India imports 5 B woth of pearls
USA accounts for 16% of our engineering goods exports.

I think the bigger risk is with sanctions. If Russia does not agree to a peace deal (apparently there will be a Trump-Putin meeting soon), then Rubio has said sanctions are coming next. But we are not the only ones who trade with Russia, UAE has openly said it will strengthen ties with Russia and increase bi-lateral trade, and China isn't blinking despite their exports to the US dwarfing ours. Trump is playing a game of brinksmanship, so far neither the sensex nor the INR has moved much because of tariffs, but sanctions maybe a whole different story. We really need to move away from SWIFT for non-dollar trade and suspend sharing our banking information with them when the US does not share its data with us.

[drnayar]

The rebate offered depended on the price of crude in the market. If the price was already low, the rebate was low. Basically Russia was not selling below a certain price point. Right now the price at below USD 70 $ is low. We exported USD 80 B last year. 50% comes to 40 B. We can ask Russia to lower the price enough to subsidize our exports to USA to the tune of 20 Billion which is what the additional tariffs cost. But I doubt Trump will stop at 50%.

India imports 5 B woth of pearls
USA accounts for 16% of our engineering goods exports.

I think the bigger risk is with sanctions. If Russia does not agree to a peace deal (apparently there will be a Trump-Putin meeting soon), then Rubio has said sanctions are coming next. But we are not the only ones who trade with Russia, UAE has openly said it will strengthen ties with Russia and increase bi-lateral trade, and China isn't blinking despite their exports to the US dwarfing ours. Trump is playing a game of brinksmanship, so far neither the sensex nor the INR has moved much because of tariffs, but sanctions maybe a whole different story. We really need to move away from SWIFT for non-dollar trade and suspend sharing our banking information with them when the US does not share its data with us.

Sanctions against BRICS ?.. they wont sanction China ..its like shooting themselves !! .. Russia is already sanctioned to the hilt. That leaves India and Brazil ..sanction them and America seals the fate of the dollar as well., half of humanity can move away from the Dollar if the BRICS get their act together ., someone said the dying throes of an empire reeks of decay of its moral compass

[chetak]

Jay saar,

what is someone's truth is another's conspiracy

deep state is a lived truth in India and its slanted outpourings are still credible to most Indians, even the so called educated ones

old books are still available, sometimes in private hands or even in good public libraries in larger cities and university towns that give the unvarnished truth, honestly written by unbiased observers

If this deep state has had such a profound effect on the whitewashed and falsified narratives of Indian history (to the extent that it is still being "taught" in schools today), and culture by commie scum in academia, media, and intelligentsia why would anyone be surprised to see it elsewhere in the world.

the pakis have white washed their entire "history" allegedly going back to more than 5000 years ago, and the beedis are doing it now, even as we speak.

The pakis had earlier claimed that their testimonials were arabic in origin, but have since have modified the claim as one testimonial is turkic, and the other persian, especially after the touchy arabs threatened to remove both of them without the benefit of local anaesthesia

after all, the deep state is commie owned, commie run and commie funded with the sole agenda of displacing every other narrative in existence, save their own

"to each his own" like one fancies that the imaginary "aryans" would say.

BTW, wasn't stalin an affectionate grandfatherly figure, pol pot, a favorite family friend, and mousey tung, a genial and generous uncle

stalin was indeed very affectionate and his affections were reserved for the tokarev 9mm semi automatic service pistol made for the Soviet Armed Forces. It was a "hit" with his friends when he lovingly greeted them with it

None of this makes any sense nor is it anyway relevant to your original assertion that "deep state stole trumps second term and is causing this chaos". What next, throw aliens and UFO's into this mix.

For some fun...https://giphy.com/gifs/giffffr-tyttpHduQdg3d6O8jAs

Jay ji,

One wouldn't worry too much about it.

It is a matter of perspective, and narratives are meant to try and change that

[bala]

Orange man had said China and India will be paying the tariff.

https://x.com/muglikar_/status/1953288437634658651

[Raja]

Clearly, Trump's ego has been hurt when India did not entertain his "I saved India-Pakistan from nuking each other" rhetoric. Pakistan sang his praises and they have been accordingly rewarded. He clearly wants to put Modi ji in his place and show who is the boss.

India might just pay with years of economic prosperity because of this. But probably worth it then bending over at this point.

[A_Gupta]

after all, the deep state is commie owned, commie run and commie funded with the sole agenda of displacing every other narrative in existence, save their own

Thanks!

[bala]

Now is the time for India to take stock of the clear shenanigans of the US and place zero trust in such relationships. People wanting to escape to the US for studies or better pastures have to be more thoughtful of the choice. India has to rejig itself in such crisis. Time to invest in R&D, invest in own industries, invest in sprucing up cities/towns to international standards of cleanliness and efficiency. Light a fire under babus to out-think the Deep State and manage the economy by clever and doable plans. Time for the Govt to roll out reforms in every area including babucracy, judiciary, police, farm sector, etc. Every thing has to be looked at afresh in new lens to make sure India is no more vulnerable to blackmail by others. IT has to work on indigenous things hosted in India, data security must be given serious consideration. Defence sector has to aim for 80+% indigenous content. Yes, time to roll up sleeves and get to work forthwith.