In a move that could have far-reaching consequences for the world economy, Trump has promised imposition of large-scale tariffs as a bargaining tool to buttress US's economic dominance and well-being vis-à-vis other countries. Irrespective of what Trump might or might not do, his second presidency is likely to destabilize the rules-based international economic order significantly.
For the Indian economy, the consequences of a Trump presidency will mostly be via second-order effects.
China+1, or the global trend of countries and companies diversifying production facilities away from China in the wake of its tensions with the US, has been an important driver of positive sentiment around India's future economic prowess. Will a more mercantilist White House disrupt this process and major exporting countries and companies, re-evaluate their strategies around Trump's geoeconomics? It is difficult to answer this question as 2024 comes to an end. If Trump's past stint is any indication, flip-flops might be more likely than a permanent policy direction.
この記事は Hindustan Times Noida の December 31, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Hindustan Times Noida の December 31, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
I've done a lot of TV, and I was tired, so I left it, as one tends to lose excitement, says Aamir Ali
Actor Aamir Ali has been a regular face on television for just a little under two decades, having been part of Kahaani Ghar Ghar Kii, Kya Dil Mein Hai and FIR.
Ariana Grande's 'Botox and Juvederm' joke sparks backlash
Singer-actor Ariana Grande, who has received significant praise for her portrayal of Glinda in Wicked (2024), was honoured with the Rising Star Award at the Palm Springs International Film Festival 2025 on January 3.
Allu Arjun Debuts New Look As He Visits Court To Complete Bail Formalities
The actor submitted sureties at a Hyderabad court after being granted bail in connection with the Sandhya Theatre incident, debuting a new look in the process
OTT Has Shifted the Tone: Shreyas on the Missing Magic of Comedies
Shreyas Talpade's journey in cinema began during a golden era for comedy films—one that produced timeless classics including Golmaal (2006), Phir Hera Pheri and Garam Masala (both 2005).
DSP: I was prepared for Kissik and Oo Antava comparisons
As long as you don't let success get to your head, you are not bothered by the outcome,\" says composer Devi Sri Prasad, also known as DSP, who is pleased with the reception of his music for Pushpa 2: The Rule.
Sparks of Trouble for Coldplay Gujarat gig!
Ahead of its highly anticipated India tour, British rock band Coldplay is making headlines again!
Rohit and Virat still have the hunger, says Gambhir
No one in the team will say it, but they are all surely thinking it.
Aubrey's husband, director Jeff Baena, dies by suicide
Actor-comedian Aubrey Plaza is mourning the loss of her husband, director Jeff Baena, who died at the age of 47.
Lebrun brothers, the French connection in Thakkar's rise
Manav Thakkar, India's No.2 male paddler, noticed how the Lebrun brothers, the French siblings who have taken the table tennis world by storm, would \"invent stuff\" after training sessions even as the others would wind down.
Shooter Saurabh rediscovers his touch at Nationals
For five years from 2018, Saurabh Chaudhary would hold his Morini pistol so steady and shoot with such precision that it was assumed the prodigiously talented youngster would win an Olympic medal for India.
