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Trump's Presidency: End of the Washington Consensus

Mint New Delhi

|

January 21, 2025

Cracks in its free-market orientation surfaced earlier, but other major US policies may get upended too

- AJIT RANADE

The second US presidency of Donald Trump will be the most consequential for any president after World War II. This assessment, shared by many analysts, is best articulated by conservative columnist David Brooks. Approval ratings for Trump's promised policies exceed the proportion of people who voted for him. Most Americans support strict action against illegal aliens, raising import tariffs, curbing immigration, cutting back support for NATO allies and reducing the size of government. These actions are on the cards. Whether the public also supports other far-fetched ideas like making Canada the 51st state, taking over Greenland and Panama, or renaming the Gulf of Mexico remains to be seen. These ideas are only talk as of now, and unlikely to be followed through. But the action on immigration, protective tariffs and reducing military aid for countries like Germany, Canada and Japan seem imminent.

FLERE HISTORIER FRA Mint New Delhi

Mint New Delhi

Mint New Delhi

Spirituality, with a side of artisanal coffee

Wavering between the scriptures and self-help platitudes, Namita Devidayal's book leaves the reader wishing they'd chosen a different book

time to read

5 mins

October 04, 2025

Mint New Delhi

Mint New Delhi

Zubeen Garg: Assam's first true rock star

The singer-songwriter has thousands of hits in different languages but it was his irreverence that gave him god-like status in a community starved of icons

time to read

7 mins

October 04, 2025

Mint New Delhi

Mint New Delhi

L’Oréal board in India next week

The board of French cosmetics giant L’Oréal, the world’s largest beauty group, will visit India next week to explore opportunities in one of the fastest-growing beauty markets. The first such visit comes amid recent management changes at the Indian arm of the Maybelline lipstick maker.

time to read

1 min

October 04, 2025

Mint New Delhi

ALL YOU KNEAD

AS PEOPLE MAKE HEALTHIER CHOICES, DAILY BREAD IS NO LONGER JUST WHITE AND SLICED BUT ARTISANAL, SMALL-BATCH AND MADE-TO-ORDER. IN RESTAURANTS, TOO, IT HAS RISEN FROM FILLER TO MAIN ACT

time to read

1 min

October 04, 2025

Mint New Delhi

Mint New Delhi

A conversation between fibre and photo

An ongoing show juxtaposes Monika Correa's tapestries and Seher Shah's prints and photogravures

time to read

4 mins

October 04, 2025

Mint New Delhi

Mint New Delhi

RBI plans sweeping overhaul to ease foreign borrowing

The central bank has proposed a sweeping liberalization of the external commercial borrowing framework, removing cost caps, widening eligibility, and tying fundraising limits to financial strength to make it easier for Indian firms to access foreign funds.

time to read

1 mins

October 04, 2025

Mint New Delhi

Kuku FM looks to raise up to $80 mn

Audio streaming platform Kuku FM has signed a term sheet to raise about $70-80 million in new funding, with South Korean-based video game publisher Krafton leading the round alongside existing investors, three people familiar with the matters said.

time to read

1 min

October 04, 2025

Mint New Delhi

Delhi, TN, Maha lead e-bus sales surge in H1

Govt incentives, charging infrastructure also fuel e-bus demand in Odisha

time to read

2 mins

October 04, 2025

Mint New Delhi

A case for loafing about

Taylor Swift apparently spends 60% of her time talking about bread (\"it's a loaf story,\" to quote her)—as I learnt from a reel I came across while trying to avoid getting down to the real work of the day (or should I say loafing about)—and it made me wonder when we became so obsessed about what came out of a packet and was eaten when we were sick.

time to read

1 mins

October 04, 2025

Mint New Delhi

Mint New Delhi

Draft gaming rules trigger pushback from stakeholders

India’s beleaguered online real-money gaming industry stakeholders have questioned what they call ambiguities in the draft rules of the law that ban any game involving financial winnings.

time to read

1 mins

October 04, 2025

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