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Donald Trump and Indian Prime Minister Narendra Modi made a press conference in Washington, in the East DC White House, on February 13, 2025.
Andrew Caballero-Reynolds | AFP | Getty Images
Indian stock market The US announced that he showed a small sign of panic of the day 50% fare He threatened the country’s goods and secondary penalties on oil trade with Russia.
Sensex, the reference index of blue chip shots in India, was 0.1% higher August 7th.
Bureaucrates To business, the extensive consensus in India is the last US scaling that has only pressure tactics for quick crossroads. However, the Narendra Modi Indian Prime Minister did not have something, even before: to throw the support of India’s opposition.
Rahul Gandhi, the leader of the largest Spanish opposition party, described the Russian Congress of India, as a result of the Russian oil purchases due to the “economic blackmail” of Trump.
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Therefore, the resolution of Indian negotiators can be stronger, especially in lectures on sites that directly affect the farmers of the country.
“India will never be committed to the favors of the country, fishermen and livestock. I know I will personally cost you, but I’m ready, after increasing the rates in Thursday.
Economic impact
According to most estimates, the cost of losing trade with the US is significant for India, but it is not weakening.
Errous estimates is Morgan Stanley. It says that if all the goods are 50% duty, the impact of India’s gross domestic product will be 60 points in exchange for about $ 23 billion.
On the other hand, the cost of exporting in India – is one of the most controversial problems, India is expected to cost only 1.8 Lakh Crore Rupees ($ 20 billion), according to the SBI research, according to the largest bank unit in the country. More than half of this burden will fall directly at retail prices, SBI said: Unless government is compensated.
Indian exports to the US
| Zone | Exports to the US in 2024 | Indian exports fee to US |
|---|---|---|
| Electronics | 11,100 billion dollars | 14.30% |
| Gems and jewelry | 9.9 billion dollars | 12.80% |
| Pharmacies | $ 8.1 billion dollars | 10.40% |
| Nuclear reactors, pieces, machinery | 6.2 billion dollars | 8% |
| Refined oil products | 5.8 billion dollars | 7.50% |
Source: Indian Ministry of Trade
Additional rates can also be catastrophic for Indian GEM and Jewelery for Affiltzaroa.
In the Indian textile textile industry, while $ 5 Billion business expects to move away from India due to fares in the coming months.
A high US duty will also affect the ability to attract foreign direct investment in India (FDI), according to the intermediary of the Geospheric Capital, New York.
Indian position is strong because it comes with internal consumption of more than 60% of its GDP.
Indian Rupee will be an instant accidentAccording to Mahesh Patil, more than 3 Lakh Crore Rupe ($ 35 billion) oversee in Mumbai-based Aditya based on the main investment in the Mutual Mutual Foundation. However, the patiles also considered the rupees established in lower US dollar levels that can compensate for some lineups on Indian exporters, and the effect can be seen in a few months.
Photo of Indian trade with US
| In 2024 Bilateral Full Trade | $ 212.3 billion |
| Trade of goods | $ 129 billion |
| Trade of services | $ 83.4 billion dollars |
| US goods sales in India trade | $ 45.8 billion dollars |
| US surpluses in trade with Indian services | $ 102 million |
Source: Representative of the United States Trade
There is about 40% of the total US trade trade in services, which does not include a discussion point until the US imports India to India. Trump also doesn’t have to pay to the call to leave H1-B VisaIt is the route that mostly used citizen citizens who want to fill in talent gaps, especially in the technology sector – US
India central land
In the face of a secondary indian threat, Modi has planned its first visit since 2018 since the US Envoy Steve Witkoff, the Indian National Security Adviser is visiting Ajit Doval through diplomacy of India.
Meanwhile, India’s Foreign Foreign Ministry calls us hypocrisy, aside his business with Russia who has continued in the Ukraine war, this complaint Trump ignored but did not deny. It is also important that Indian companies have a participation in many Russian oil fields.
Petry Navarro, Peter Navarro denounced the use of dollars from trade in Russian oil, at least the oil trade in Russia, the United Arab Emirates (BAC), refiners told CNBC-TV18.
India has been much more prepared than Brazil and China to find central land with the US
The government has already reduced motorcycles, borhono, Ethernet switches, the essences of synthetic flavors and duties about imports of hydroly firms. Also allowed Tesla Mumbai shops to form and exceed the draw on the internet giants, which is very popular with Google tax.
India also increased its oil purchases for 120% in the last six months, fountain CNBC-TV18 in the Indian government said Trump had one of the first requests in February 2025 when he visited the White House.
However, Trump has moved to destinations in the US trade deficit reduced India with Russia in Russia with Asian Asian countries.
See and wait?
Trump said due to the purchases of Russian oil oil due to 50% rates, which will be established at a very rate after 90 days after the Trump Order signed on Wednesday.
However, Delhi’s new tone and rhetoric were lighter than Declarations of Beijing or Rio de Janeiro, but also stuck with its red line. India is enthusiastic to gain a situation to earn 21 days before, a government official told CNBC-TV18.
The Government of India did no climbing at his end, some experts believe that India has some legal hands.
“It is important to talk to our negotiation partners and those who like to talk about similar actions,” Anjali Prasad, former organization of the Indian trade organization, said.
“Only when we meet, decide a strategy, the action will be effectively, because there is strength in numbers.”
This Trump is Vladimir Putin to fill Russian president In the coming daysMeanwhile, the US priority shows that it is to end the war of Russia in Ukraine.
If Trump, Putin and Ukrainian President Volodymyr Zelenskyy are progress, Russian oil purchases in India can not be a problem.
It is an incentive for India, rather than in a hurry with the concession.
– Parlikshit Luthra, head of the Delhi Bureau CNBC-TV18, helped this report.
Sriram Iyer directs the digital team of CNBC-TV18 as an Executive Editor. It has more than 18 years of experience in Indian and global outlets, Indian Express Reuters and India India.
