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TRUMP-ING INDIA-U.S. TRADE
Fortune India
|January 2025
PRESIDENT-ELECT DONALD TRUMP HAS FIRED FRESH SALVOS IN THE LAST FEW MONTHS. BUT WITH THE INDIA-U.S. BILATERAL RELATIONSHIP IMPROVING OVER THE LAST TWO DECADES, EXPERTS ARE OPTIMISTIC.

ON MARCH 2, 2018, Donald J. Trump, the 45th President of the United States of America, posted a message on social networking platform X, then known as Twitter, unsettling governments across the world. "Trade wars are good, and easy to win", Trump said, revealing his plan to tackle the trade deficit the U.S. had with 'virtually every country it does business with. Trump believed that to deal with a country with which the U.S. had huge trade deficit was simple. "... don't trade anymore-we win big".
Almost seven years later, Trump will be sworn in as the 47th President of the United States on January 20, 2025. The world's largest economy is still importing more than what it exports in value terms from its key trade partners, including China and India. Trump's initial remarks, soon after he won the elections a couple of months ago, suggest that his idea of using 'trade war' as a tool to 'Make America Great Again', has only gathered strength over the years.
Denne historien er fra January 2025-utgaven av Fortune India.
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