India-US relations: News and Discussions IV

[Rudradev]

Not sure what the rona-dhona in the Nitishastra article is about. India has not compromised on the trade deal under discussion, and will not compromise. I have a lot of respect for Navroop Singh, but he would be well advised to stop catastrophizing over some imaginary surrender by GOI that has not taken place, and definitely should not use PRC propaganda terminology like "blood bag" in his think pieces.



The new Section 301 tariffs are an empty threat intended to pressurize nations to accept US terms (especially India, which is already under stress from the Iran/Hormuz shock). Why empty? They are going to be ripped apart in court. Even the process of refunding American importers the $175 B they lost under the IEEPA tariffs struck down by the US Supreme Court is far from over-- this will inevitably be cited in challenging the 301 tariffs. Then there is the domestic economic mess Chump has waded into by starting the Iran war, and the looming prospect of getting hammered in the midterms as economic pain mounts for the American consumer. It's one thing to issue press releases about a new tariff structure and quite another to actually impose them.

[williams]

Yes this admin is dead rubber. Just wait for 3 months and they will sound even more lame duck. India is not going to sign on the dotted line until the terms of the deal is equal in all respects.

[Manish_Sharma]

Not sure what the rona-dhona in the Nitishastra article is about. India has not compromised on the trade deal under discussion, and will not compromise. I have a lot of respect for Navroop Singh, but he would be well advised to stop catastrophizing over some imaginary surrender by GOI that has not taken place.....

He used to be very supportive of GoI but in last one month he has almost taken 180°turn... quite surprising!

[Manish_Sharma]

https://x.com/KanwalSibal/status/206281 ... 12365?s=20

India’s high tariffs were not US specific and neither were US low tariffs India specific.

The impression being created that India imposed blanket 200% tariffs on US exports is totally misleading.

It is ironical that Trump believes high tariffs by the US is a good tool to protect the US economy but high tariffs by India to protect some critical areas of its economy is not.

It can be argued that the US has taken advantage of India and the whole world through its control of the global financial system, the role of the US $ as the world’s reserve currency, the petrodollar arrangement, the policy of sanctions etc.

Singling out the tariff issue is arbitrary.

Talk of liking Modi is a verbal distraction.

India was the most tariffed country in the world till the US Supreme Court questioned Trump’s presidential power to impose tariffs.

The trade deal with the US is still stuck. The US now intends to impose additional tariffs on India under Section 301.