US President Donald Trump and India’s Prime Minister Narendra Modi conducts a joint press conference on 13 February 2025 in the Eastern Room of the White House in Washington.
Andrew Kaballaro-Reynolds | AFP | Getty images
India stock exchange After one day after the US showed a panic sign 50% tariff From the country threatened to re-sanctions on goods and its oil trade with Russia.
The reference index of India’s blue-chips decreased by 0.8% to 13:50 by 0.8%.
From bureaucrats to entrepreneurs, the last increase in India is pressured by the pressure of pressure to quickly monitor trade talks. However, the Prime Minister of India Narendra Modi has no longer has it, even one day ago: support for Indian opponents to push back.
Raul Gandhi, Head of the largest opposition party in India, the National Congress of India called “Economic Extrase” as “Economic Bossing” as “economic extortion”, and further reduces the political room to take into account American requirements.
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Therefore, the decision of Indian negotiators can be negotiations, especially in areas that directly affect farmers of the country.
“India will never break the interests of the country’s farmers, fishermen and animal breeders. I know he’s self-worth but I’m ready, “I’m ready,” said Moti Thursday morning after increasing US tariffs.
Economic impact
According to many prices, the cost of a trade loss with US is important for India, but it does not matter.
The most pessimistic assessment is Morgan Stanley. If all goods are exposed to 50% of duty, India’s impact on GDP is about 60 base points, at about 23 bln.
On the other hand, the cost of exporting a mammal to India is one of the most attractive issues – one of India – the largest bank in the country in accordance with SBI research. Sooner than half of this load is slightly half farmers in the form of a retail price, if the government does not fill the losses.
Indian exports to the US
| Sector | Export to the United States in 2024 | India exports to the United States |
|---|---|---|
| Electronics | $ 11.1 billion | 14.30% |
| Gems and jewelry | $ 9.9 billion | 12.80% |
| Pharmaceuticals | $ 8.1 billion | 10.40% |
| Nuclear reactors, parts, machines | $ 6.2 billion | 8% |
| Refined petroleum products | $ 5.8 billion | 7.50% |
Source: India Ministry of Commerce
Additional tariffs can be catastrophic for India’s gems and jewelry, and indicator exporters, but most of their products can lose about $ 3 billion a year, according to Morgan Stanley.
India’s labor-based textile industry is waiting for more than $ 5 billion business for the next few months to distract from India.
The highest rates of the United States will have the opportunity to attract India’s direct foreign investments (FDIs) in India’s En your Geosphere Capital Manager, New York.
India’s position Indicates that more than 60% of GDP is from domestic consumption.
Hindu Raffle becomes direct injuryAccording to Mahil Patil, Adiya Birala Aritla based on Mumbai is observed more than 35 billion rupees (35 billion dollars) as its main investment employee. However, Patil can also take account of some Indian exporters in US dollars in US dollars, and the impact may appear in a few months.
India’s sale with USA
| General bilateral trade in 2024 | 212.3 billion dollars |
| Trading of goods | $ 129 billion |
| Trade of services | $ 83.4 billion |
| US shortage deficiency with India | $ 45.8 billion |
| US services with India | $ 102 million |
Source: Trade Representative of the United States
40% of the United States in the United States have more than one US to export more than US imports, but not even importing. Trump didn’t also call for the edges H1-B VisaThis is mostly Indian citizens use talents, especially in the technological sector – in the USA
The middle of India
Trump’s risk of secondary sanctions in India, Modi has been planning its first trips to China since 2018.
At the same time, the Indian Foreign Ministry ignores his trade with Russia by ignoring its trade with Russia after the war in Ukraine Trump spreads towards each other but did not rule out. It should also be noted that Indian companies have shares in many Russian oil fields.
The Trump’s Trade Adviser, Peter Navarro, as well as Russia’s oil sales with Russia in Russia, but the United Arab Emirates (UAE) currencies in Russia (UAE), recipes have been delivered to CNBC-TV18.
India was much more important than Brazil and China
The government has already reduced customs duties on US motorcycles, pourbists, boubitsa, air connectors, synthetic aromatizers, synthetic flavorings and fish hydrolysis. It is also allowed Tesla To build a store in Mumbai and get the balance to equalize the widespread Internet giants as a Google tax.
India also increased the US dollar purchase of oil from the United States by 120% in the last six months, source In the Government of India CNBC-TV18, he was one of the main requirements of Trump when Modi went home in February 2025.
However, Since then, Trump has moved to the United States to reduce the trade deficit “silent” to the United States from South Asia to Russia.
Looking and waiting?
Trump has already considered India’s purchase of Russian oil now 50%, so it has now looked 50% now, so 21 days after Trump’s executive order, it is until Wednesday.
Nevertheless, New Delhi’s tone and rhetoric was soft than in Beijing or Rio de Janeiro, but it sticks to its red lines. India is ready for use 21 days ago to win, the government official said CNBC-TV18.
When the Indian government stays on any tense, some experts believe that India has any legal options under its disposal.
“It is important that we talk to our trading partners and former US ambassador to the World Trade Organization Anzhalie Prasad.
“Make a decision only when we get together, some activities can be effective because numbers have strength.”
Trump will meet with Russian President Vladimir Putin In the coming daysAt the same time, priority in the United States is Russia’s stopping in Ukraine.
If Trump, Putin and President of the President of Ukraine Volodent Zelensky, the purchase of oil from Russia can no longer cause any problems.
To encourage India to discount and wait, they are right there.
– Delhi Bureau’s Parystry Luta has been added to this report in CNBC-TV18.
The Sriram Iyer manages the digital group as an executive editor. It has more than 18 years of experience from Indian Express to Reuters and Insider India from Indian and global outlets.
