Blog By mariam | 26-07-19
Salman Khan Is All Set To Become Mama For The Second Time
After waiting for 8 long years, USA finally got a new President and the world is reacting over this news. Proving all the opinion polls wrong, Trump made History by becoming the 45th President of the United States.
He defeated Mrs. Clinton by a very close margin and successfully did the unimaginable. Now the thing that we Indians should be concerned about is Trump's effect on India.
There's not one but tons of Problems that Americans have elected for India. So Trump has this 'hawkish' trade policy of 'America first' and his plans to renegotiate all foreign trade deals will tremendously affect trade treaties with India. Here, India stands to lose some crucial monetary benefits.
Trump is also looking forward to give Americans their job back. Given the fact that there are humongous amount of Indian's in America, conditions for them can become a little rough.
Trump terms H1B visa program as 'unfair', and his stated purpose is to end the program. If this happens, Indian IT stocks and IT companies like TCS and Infosys BSE are likely to be the first victims of this policy and suffer huge loses.
And most importantly, his promise to reduce the US corporate tax rate from 35 per cent to 15 per cent could result in companies like Ford, GM and Microsoft rushing back to the US which will hit MODI'S MAKE IN INDIA MOVEMENT big time.
Since India is a booming market for the entire world, Trump would definitely want to woo Indian market for the benefit of his country. Some path breaking decisions with respect to the relationship between both the countries can be expected.
Trump's hard stance on terrorism could also result into deeper Indo-US defense and strategic ties.
Also, he is definitely against Pakistan and China, the two major oppositions of India in SAARC. Him being in Power can help India.
His firm stand against terrorism and a hand of Friendship for Russians can be an indirect help for India in eradicating terrorism.
And finally, closer defense ties might give a further push to Indo-US business ties as well which is always a win-win situation for India.