Trump-Modi Deal | India-US Trade Deal Sparks Concern Over Potential Hit to Domestic Agriculture

Описание: On this India Today news bulletin, Professor Dipanshu Mohan, Dean at Jindal Global University, expresses deep skepticism regarding the newly announced 'Mrs.5-India' trade deal between India and the United States. Discussing the message from the US Secretary of Agriculture, Mohan warns that bringing tariff rates down to 0% on $500 billion worth of American goods could 'decimate India's meat, at least agricultural sector in a huge and enormous way.' He argues that Donald Trump has 'bullied his way in' to a deal that primarily serves American interests, potentially affecting India's domestic industrial capacity. While Dr. Kavar Millon Singh of the Lal Bahadur Shastri Institute of Management suggests the deal could make Indian industry more competitive in the long term, Mohan highlights that Indian exports were already performing well despite previous tariffs. The discussion underscores the lack of fine print regarding specific products like corn and dairy, with Mohan urging caution before celebrating the trade agreement.

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