Rationale
Registered Member
No, it is because you have a puny intellect and are too boring and easy to squash.Best retort you have? Is that how badly you know India is screwed!?
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No, it is because you have a puny intellect and are too boring and easy to squash.Best retort you have? Is that how badly you know India is screwed!?
No, it is because you have a puny intellect and are too boring and easy to squash.
@Yasser76
50% tariff is essentially a trade embargo
You know I suppose that our largest exports to US- software, services, electronics, mobiles, pharma- are all duty exempt. Have you considered the possibility that the wily banya will reroute some of the other exports (such as gemstone and jewelry, textiles) through third countries like UAE and KSA which have 10% duty?
Regards
Yes, surely you will, but isn't it this exactly the sort of tomfoolery that you thought you were getting away with for your Russian crude addiction?@Yasser76
50% tariff is essentially a trade embargo
You know I suppose that our largest exports to US- software, services, electronics, mobiles, pharma- are all duty exempt. Have you considered the possibility that the wily banya will reroute some of the other exports (such as gemstone and jewelry, textiles) through third countries like UAE and KSA which have 10% duty?
Regards
Per post???!That is beyond the comprehension ability of those who have only done "Yas ser , Yas ser " all their life and are being paid per post by ISPR.
@hydrabadi_arab
Hydra bro,
Indian companies will have to make products in UAE to enjoy 10% tariff. UAE will not risk US sanctions for rerouting Indian goods.
There is no such requirement on part of UAE.
US can start to shift IT outside India.
It is US companies who will decide. They may or may not comply with any such directives from the GoUS. And as you can see even in the last few days, many US MNCs have announced expansion of GCCs in India
India still have time to accept USA demands.
What are those demands? Why is India not accepting them?
Regards
Nobody is going to manufacture in UAE for the tariff arbitrage. There are many other countries which are poor and weak with 10% tariffs. Nepal is one example. There are several others in Africa and Central and South America. These are the countries that nations with higher tariffs like India and China will target, assuming they dont lower their own rates by striking deals.This isnt as easy. Indian companies will have to make products in UAE to enjoy 10% tariff.
UAE will not risk US sanctions for rerouting Indian goods.
Pharma/ electronics are temporarily exempt. US can start to shift IT outside India. India still have time to accept USA demands.
In theory, there is an additional tariff on transhipped goods, but no one in the Administration has yet stated how precisely it would be defined. Even if it is defined at some point in time, DOGE and the Trump administration have completely gutted the federal bureaucracy that would have policed it. The trade officers are already facing huge challenges as a trade system where almost all countries faced the same MFN tariff has become massively more complex overnight, without even taking transshipment into account.US is actively working on preventing rerouting.
@hydrabadi_arab
Hydra bro,
US is actively working on preventing rerouting.
Source of info?
USA govt decides where investment goes.
Google says No.
Fight with China.
Why should we? Is USA fighting PRC?
India will survive, its a not a big deal. Pakistan went through similar phase in last 20 years.
Thanks, that is quite comforting.
Regards
You better hope so.He got even the advisor job only because he went to prison for Trump. He is not actually involved in trade negotiations. Those are handled by adults like Scott Bessent, Howard Lutnick and Jamieson Greer.
@hydrabadi_arab
Hydra bro,
Starting with high tariffs on Indian goods which will force companies to invest in lower tariffs countries.
We dont export much to US anyways. At least the tariffed item. We will find alternate markets and reroute some exports.
India told USA that China is their enemy to get preferential market and investment access.
Where did IND say any such thing?
Regards
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