Vuélvete ilimitado con Magzter GOLD

Vuélvete ilimitado con Magzter GOLD

Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo

$149.99
 
$74.99/Año

Intentar ORO - Gratis

Vance's visit to India needs to stay free of diplomatic slip-ups

Mint Mumbai

|

April 23, 2025

Decorum must be maintained for India-US ties to make progress

- KARISHMA VASWANI

Vance's visit to India needs to stay free of diplomatic slip-ups

When US Vice-President J.D. Vance touched down in India on Monday, many were wondering what kind of controversy he might stir during his short visit. He met Prime Minister Narendra Modi on Monday evening as part of his agenda, as the two nations work toward a bilateral trade deal. Like every other country besides China, India has been spared the full force of US President Donald Trump's tariffs for 90 days. But the clock is ticking: Washington is pressing ahead with its trade war and ramping up efforts to isolate Beijing. If an agreement isn't reached by the end of that timeframe, the US is threatening to increase the 10% tariffs on Indian exports to 26%.

Economic coercion is rarely the best way to make friends. The duties could deal a $33 billion blow to the South Asian nation's export market to the US, translating into an almost 1% loss in GDP. This would aggravate an already slowing economy, just as the Modi government faces scrutiny over job creation, a vulnerability that opposition parties would be happy to highlight.

For Vance, this is an opportunity to soften a global image as Trump's spearhead. It is his first visit to India since taking office. He made his debut on the world stage in France and Germany in February, when he shocked allies by saying that the biggest threat to their security was "from within," rather than from China and Russia.

MÁS HISTORIAS DE Mint Mumbai

Mint Mumbai

Exporters open up new avenues as US tariffs kick in

Indian exporters widened their horizons in August, more than offsetting the impact of stiff US tariffs that kicked in during the month.

time to read

1 mins

October 01, 2025

Mint Mumbai

Mint Mumbai

89 Maharashtra pharmacy colleges face action over lapses

The Pharmacy Council of India (PCI) has barred 89 pharmacy colleges in Maharashtra from admitting first-year students for the 2025-26 academic session, after inspections revealed lapses including insufficient teaching staff, as well as poor infrastructure and safety measures.

time to read

1 mins

October 01, 2025

Mint Mumbai

Mint Mumbai

Boeing starts working on 737 MAX replacement

Boeing is planning a new single-aisle airplane that would succeed the 737 MAX, according to people familiar with the matter, a long-term bid to recover business lost to rival Airbus during its series of safety and quality problems.

time to read

4 mins

October 01, 2025

Mint Mumbai

Mint Mumbai

Lloyds’s new ₹25,000 cr steel bet stares at triple challenges

Primary steel unit will have to deal with demand uncertainty, higher costs and Maoist threat

time to read

2 mins

October 01, 2025

Mint Mumbai

Mint Mumbai

April-August fiscal gap rises to ₹5.98 tn

India's fiscal deficit rose in the first five months of 2025-26, as compared with the same period last year, due to higher government capital expenditure while net tax revenue declined.

time to read

2 mins

October 01, 2025

Mint Mumbai

How Indians get a passport to global markets via GIFT

Global access GIFT City outbound funds offer international exposure

time to read

2 mins

October 01, 2025

Mint Mumbai

Move goods efficiently for a stronger economy

Inland freight movers have long over-relied on India's road networks but increased railway haulage offers an opportunity to lower costs, gain efficiency and contain carbon emissions

time to read

2 mins

October 01, 2025

Mint Mumbai

Mint Mumbai

Namma Yatri shifts gears: Cabs power revenue growth engine

Bengaluru-based mobility startup Namma Yatri, which launched on-demand auto-rickshaw services three years ago, now generates a significant share of its revenue from cabs as it expands into Bhubaneswar, Chennai and Kolkata.

time to read

1 mins

October 01, 2025

Mint Mumbai

Trump tariffs: What the echoes of Smoot-Hawley tell us

India's bilateral trade with the US reached $132 billion in 2024-25. In just five months of 2025-26, India notched up about half of last year's number. That momentum now faces disruption: Washington currently has a 50% extra tariff on imports of Indian goods after the rate was doubled in late August. The question is not only whether this will benefit the US economy, but also how it will reshape India's trade strategies and the global system.

time to read

3 mins

October 01, 2025

Mint Mumbai

Mint Mumbai

Satellite firms seek separate permit in draft telecom rules

The draft policy has grouped all telecom services in four categories, ignoring unique needs of satellite internet providers

time to read

2 mins

October 01, 2025

Listen

Translate

Share

-
+

Change font size