https://x.com/narendramodi/status/2018377090840830101
With typical bluster, the Donald declares victory and claims that India will ‘stop buying Russian oil (eventually’, and buy ‘$500 billion’ in US goods (no timeline given). Modi’s announcement doesn’t even mention those vague commitments notably.
18% is lower than Vietnam, lower than China, and also lower than Pakistan’s tariff rates, in spite of the ….abject genuflection given to the Drumpf Administration by Pakistani elites over the last few months.
India is far too large and too powerful to ignore. Jai Hind!!
haha. There was…….. a lot of premature crowing in BP about Pakistan’s…. nimble foreign policy etc etc, and supposed ‘lessons’ served to arrogant Indian nationalists. I had compared it to the premature celebrations by hardcore BJP supporters when Drump won in 2024. Even this trade deal is a… qualified success. The 25% surcharge due to Russian oil is still dangled over the deal FWIW.
Pakistanis have also had their immigration pathway banned.
Value is value. Rest is noise.