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  4. Is Donald Trump's Take On India's Economy Accurate Or Misguided?

Is Donald Trump's Take On India's Economy Accurate Or Misguided?

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  • S Offline
    S Offline
    Siddarth
    wrote on last edited by
    #1

    US President Donald Trump has been tough on India's economy, calling it "dead" or "lifeless." He even suggested huge tariff increases — possibly up to 100%. He made these comments after claiming that India is profiting from cheap Russian oil, earning about $5.1 billion in 2023 and $7.9 billion in 2024.

    On the other hand, major American AI platforms like ChatGPT and Gemini say India’s economy is far from dead. They describe it as energetic, ambitious, and one of the fastest-growing major economies in the world, insisting it’s "alive and kicking."

    Despite potential tariffs averaging around 25% starting on August 7, India is unlikely to back down easily. Interestingly, the US has also increased its imports from Russia; fertilizer purchases have risen by 60% since 2021, and uranium imports are up by 147%. Experts believe it will take calm discussions among leaders to resolve these trade issues, which may not be settled anytime soon.

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