‘One-sided’ trade myth: Why Donald Trump is wrong – How US profits big from India
Donald Trump’s claims of a disastrous trade relationship with India are challenged by a GTRI analysis, revealing a $35-40 billion surplus for the US when considering all earnings. The US benefits significantly from tech, finance, and education sectors in India. India’s proposed tariff concessions are generous, and its decisions on oil and defence are based on national interests.🕒 1 min read
Donald Trump’s claims of a disastrous trade relationship with India are challenged by a GTRI analysis, revealing a $35-40 billion surplus for the US when considering all earnings. The US benefits significantly from tech, finance, and education sectors in India. India’s proposed tariff concessions are generous, and its decisions on oil and defence are based on national interests.
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