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Gauging Trumponomics For India
BW Businessworld
|November 16, 2024
Despite some shortto mediumterm headwinds in trade and immigration, the broader Indo-US vision of counterbalancing China’s influence is expected to ensure continued cooperation under Trump 2.0
DONALD TRUMP MADE history on 5 November 2024 as he became the first person to win a non-consecutive term as the United States President since Grover Cleveland in 1892. Trump winning the election, which was supposed to be a tightly contested one, signals a new political era - both for the United States and the world. As the results continued to pour in for certain swing states, at the time of writing, the possible ramifications of Trump 2.0 were under the radar over the world, reminiscing areas of tension in his first term.
Prime Minister Narendra Modi congratulated Trump, addressing him as his friend and pushed for renewed collaboration to strengthen the India-US Comprehensive Global and Strategic Partnership.
Going by history and Trump's campaign this year, his key agenda includes safeguarding the US economy through higher tariffs and a crackdown on immigration.
This story is from the November 16, 2024 edition of BW Businessworld.
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