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India Has a Tariff on America's Huge Cultural Surplus

Mint Mumbai

|

April 14, 2025

We Are More Interested in US Culture Than It Cares About Ours But We May Already Have a Remedy in Place

- MANU JOSEPH

The complaint of Donald Trump is that most nations sell their goods cheaply in America, but never let America sell its products at low prices in their markets. He insists that this imbalance is a form of theft, a "rip-off" by its major trade partners, including India. But it does not feel that way.

As I try to write this paragraph, I have to constantly fight what America owns: distraction. Imagine one nation controlling the power to distract the world. There is ChatGPT, Twitter, Instagram, Google, Gmail, Kindle, WhatsApp, Netflix and The New York Times, which occasionally laments a distracted world. I have knocked out most of them from my American phone, but still.

There was a time when my work was more interesting than any distraction because a distraction then usually was just a doorbell ring or something of that quality. Today, the intrusion is probably more interesting than what I am trying to create. Also, what I create itself might be part of a future distraction on an American platform. This is not the only reason why it does not 'feel' as though the world doesn't buy enough of America. In fact, it is a very small part.

Mint Mumbai からのその他のストーリー

Mint Mumbai

Mint Mumbai

Paras Defence eyes govt’s drone jammer buy

The Indian Army is set to procure sophisticated portable drone jamming technology, capable of taking down combat drones in a 3km radius, from Paras Defence and Space Technologies Ltd.

time to read

1 mins

September 23, 2025

Mint Mumbai

Mint Mumbai

Warning issued on fake air-bag parts that can explode and kill in a crash

Tworecent fatal accidents Tinvolving Chinese-made air bag parts are renewing warnings from regulators over counterfeit components that can explodeduringa crash.

time to read

3 mins

September 23, 2025

Mint Mumbai

Stay alert to turbulence on India’s external front

An H-1B visa barrier that squeezes talent supply to the US could join other forces to put our balance-of-payments at some extra risk. Capital controls may need to tighten temporarily

time to read

2 mins

September 23, 2025

Mint Mumbai

TruAlt, Matrix Geo IPOs this week

Biofuels producer TruAlt Bioenergy Ltd on Monday fixed a price band of ₹472 to ₹496 per share for its upcoming ₹839-crore initial public offering (IPO) which will open for subscription on 25 September and conclude on 29 September.

time to read

1 min

September 23, 2025

Mint Mumbai

Pfizer to buy Metsera for $4.9 bn

fizer Inc. agreed to buy the obesity startup Metsera Inc. for an enterprise value of about $4.9 billionasit secksto catch up ina booming market after terminating the development ofits own weight-loss pill for safety reasons

time to read

1 min

September 23, 2025

Mint Mumbai

Mint Mumbai

For therapists, Al is just first aid

As people turn to Al for mental health support, experts warn against overuse and suggest treating it as just a first step

time to read

4 mins

September 23, 2025

Mint Mumbai

Mint Mumbai

Biz gets GST push as govt engages public

Price cuts tempt buyers; PM, ministers take GST gains to people

time to read

5 mins

September 23, 2025

Mint Mumbai

Mint Mumbai

PhonePe’s revenue jumps, loss narrows

Digital payments company PhonePe reported revenue in excess of ₹7,000 crore and a reduction in losses for FY25, according to its filings with the ministry of corporate affairs (MCA).

time to read

1 min

September 23, 2025

Mint Mumbai

Mint Mumbai

Why IPO-bound Tata Cap plans to up used vehicle loans

As it prepares to go public next month, Tata Capital Ltd plans to reduce its reliance on financing new vehicles and increase the share of advances for used automobiles to mitigate the higher cost of bad loans it inherited from Tata Motors Finance Ltd.

time to read

2 mins

September 23, 2025

Mint Mumbai

Mint Mumbai

Startups, VCs rush to digitize India's mutual fund sellers

Startups are rushing to build technology for India's swelling army of mutual fund distributors (MFDs), a segment that is rising alongside the nation's roaring asset management industry.

time to read

2 mins

September 23, 2025

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