Thursday, January 23, 2025
Rooting for China.
President Donald Trump issued a series of executive orders from a promise of higher tariffs, deportation of illegal immigrants, pledging an end to birthright citizenship to recognizing only two biological sexes (male and female). ET. India and Indians will be profoundly affected. Indian women on temporary visas are rushing to terminate their pregnancies before the deadline of 20 February. "The women are opting for C (Cesarian)-sections in their eighth or ninth month of pregnancy and not waiting to complete their full term." News18. They probably think that they are giving their babies a future by ensuring US citizenship but the whole process is hazardous and premature babies can have many survival and long-term problems (Mayo Clinic). A US citizenship with permanent health damage is of no use. Hopefully, doctors will refuse such unethical practice. "India will certainly be hit with tariffs and told to reduce its own high tariffs," and "To the extent India kowtows to him and promotes American interest, he will be happy. But, do not believe for a minute that there is some kind of special chemistry between Modi and Trump. There is none," opined Swaminathan SA Aiyer. Tariffs on Indian exports can be negotiated by offering to increase imports of American products, which the government is already contemplating. ET. It's the threat of tariffs on China which is the real worry. "In 2023, Chinese exports to the US aggregated $500 billion. If Trump imposes such tariffs, Chinese exports to the US are expected to fall by 85%. This output will find its way into other markets, including India." "Since Trump's first trade war in 2018, China's overall trade surplus has doubled to $820 billion levels. But the trade surplus with the US, however, remained at $340 billion. This indicates that Chinese exports have found their way to other markets," wrote N Madhavan. Indian industry will be decimated. There are approximately 725,000 Indians living in the US illegally and a lot, or all, of them could be deported. ET. Already, "The two countries have together identified some 18,000 illegal Indian migrants to the US to be sent back home." Mint. The problem is, "While hard data is lacking, reporting suggests that many if not most are young men from the western states of Punjab and Gujarat. Both regions are relatively well-off; Gujarat in particular has long been touted as a model of development," so that "If it turns out that young people from such prosperous areas are being driven to follow the 'donkey route' to the US, a few questions might begin to be asked about the famous 'Gujarat model' of growth," wrote Mihir Sharma. However, not everything is so gloomy. "Reliance Industries Chairman Mukesh Ambani and Reliance Foundation Chairperson Nita Ambani attended a pre-inauguration celebration in Washington DC, in honor of President-elect Donald Trump." ET. This could be a return gift for Ivanka Trump's invitation to the pre-wedding of Mr Mukesh Ambani's youngest son Anant Ambani and Radhika Merchant. TOI. Mr Gautam Adani could not attend because there is an arrest warrant waiting for him in the US. India Today. The most encouraging news could be Trump saying that he 'would rather not' impose tariffs on China. BBC. It seems really bizarre that we Indians could be wishing for no tariffs on this most uncivilized barbarous nation but, if that protects our industries, then so be it. We should immediately start imposing anti-dumping duties on Chinese products. Protect ourselves.
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