Donald Trump’s tariff has taken the world from the storm, some of the most difficult Asian countries with India, China and Vietnam. While economists flagged off results on big economies like China, Mahindra Group President Anand Mahindra took an interesting step on the occasion of India.
Taking X in X on Friday night, Anand mahindra The Trump Tariff has been reflected on how the speculation that has raised speculation around China alone.
He said, “Most of the speculation in the global forums on the global influence of the US tariff revolves around China: what can be a reaction (China today announced a strong -retaliation tariff) and how it can be, in fact, can really, benefit from a new world order,” he said.
Mahindra admitted that India, in this context, is “not a major topic of discussion.”
However, he reminded that India is soon the third largest economy in the world.
“But I believe that most are remembering the fact that it is not too long, India will be the third largest economy in the world and one which is also the world’s largest democracy. It is also kept in view of its huge domestic consumption and its strong indigenous supply chains.”
Anand Mahindra said that Trump tariff Can bring important opportunities for India.
“So India has an important opportunity to become a major ‘pole’ of a new, multi -polar world. It does not endanger our long -term, strategic interests to react to a measured reaction to impose tariffs and such a way to impose tariffs,” he said.
Anand Mahindra further suggested that India should create landscapes on policies that the country should adopt to fully use the opportunity to become one of the most trusted economies.
He said, “We should build scenarios of policies that we should adopt fast to take advantage of the situation and emerge as the first and most reliable economic partners of countries around the world,” he said.
Trump tariffs on india
Donald Trump announced a new import tariff on Wednesday (local time), outlining the rates to be levied on countries around the world. India will face 26 percent levy under the new trump tariff.
Prime Minister Narendra Modi A “great friend”, Trump, said that India accuses a 52 percent levy of American, and “we do almost nothing with them.”
Trump was announced when he addressed the ‘Make America Amir Again Event’.
Addressing the incident, Donald Trump said, “India is very, very difficult. The Prime Minister just left and I am a great friend, but you are not treating us properly. They charge 52 percent fees from us, and we do almost nothing from them …”
