The impact of Trump's announcement of increasing import tariffs will have negligible benefit for India not because of companies trying to shift from China to other countries or their supply chains being affected due to their Chinese operations but because of our faulty policies, explains Mudit Jain.
President-elect Donald Trump's warning that BRICS countries will face 100 per cent tariffs if they choose to move away from the US dollar is unclear to what extent he will carry out his threat, as it remains to be seen if the US laws permit such an action, former RBI Governor Duvvuri Subbarao said on Monday. He also said even for BRICS, there are internal differences about bringing out an alternative to the US dollar.
While we have to hiss loudly and do the lunging bit to keep our foes on their toes, that's only a tactical matter. What is the strategic goal? What is the end game? In my opinion, there is only one possible end game: the unwinding of Pakistan into several pieces: Balochistan, Sind, Balawaristan (Gilgit, Baltistan, the rest of PoK), the Pashtun area Khyber Pakhtunwa which will merge with Afghanistan, and the rump Punjab, says Rajeev Srinivasan.
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