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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.

Mint New Delhi'den DAHA FAZLA HİKAYE

Mint New Delhi

Mint New Delhi

PM backs Make in India for chips, mobiles, electronics

Prime Minister Narendra Modi on Wednesday renewed his pitch for Make in India across sectors, from mobiles to semiconductors and electronics, saying the government is accelerating the pace of reforms, offering the best investment opportunities.

time to read

2 mins

October 09, 2025

Mint New Delhi

Road builders sweat as highway tenders dry up

After a prolonged slowdown in orders, India's road construction giants are keeping their fingers crossed for a long-awaited revival.

time to read

2 mins

October 09, 2025

Mint New Delhi

Mint New Delhi

Advertisers push for transparency standards in ad sales

Some of the advertising industry's largest players have joined forces to propose new standards for transparency in the digital auctions that increasingly dominate ad sales.

time to read

4 mins

October 09, 2025

Mint New Delhi

Mint New Delhi

Can Canara Robeco AMC retain equity edge?

Canara Robeco Asset Management Co. (CRAMC), India's second-oldest asset manager, is set to test investor appetite with its ₹1,326-crore initial public offering (IPO), banking on its strong equity focus, rapid growth momentum, and the trusted legacy of its joint promoters-state-run Canara Bank and Netherlands-based Orix Corp. Europe.

time to read

2 mins

October 09, 2025

Mint New Delhi

Mint New Delhi

Will Q2 results put TCS out of its misery?

In business, a quarter can feel like a lifetime. Ask Tata Consultancy Services Ltd's (TCS's) chief executive officer, K. Krithivasan. The July-September period tested the country's largest IT (information technology) services firm on several fronts-one external, and two self-made challenges.

time to read

3 mins

October 09, 2025

Mint New Delhi

Mint New Delhi

India pulls several anti-dumping levies on China, others

New Delhi has quietly allowed the expiry of anti-dumping duties on a range of goods from several countries including China, signalling a recalibration in its approach to trade protection.

time to read

2 mins

October 09, 2025

Mint New Delhi

JSW tweaks auto top deck before EV, truck launch

Sajjan Jindal-led JSW Group has introduced a series of changes to the boards of at least two ofits auto companies and changed the holding company of its component business between August and September, as the conglomerate gears up to launch cars and trucks next financial year.

time to read

2 mins

October 09, 2025

Mint New Delhi

Pharma deals soaring, but top drugmakers hold back

Dealmaking in India’s pharma sector has surged over the past two years as companies seek to beef up their portfolios and reduce reliance on the US market.

time to read

2 mins

October 09, 2025

Mint New Delhi

Has TaMo priced in worst of JLR?

Tata Motors Ltd is gearing up for its long-awaited demerger.

time to read

2 mins

October 09, 2025

Mint New Delhi

Adani taps SBI, Temasek, others for NMIA terminal

Airport entity in talks to raise ₹30,000 crore for Terminal-2 opening in 2029

time to read

3 mins

October 09, 2025

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