Impact of Donald Trump's 2024 Presidential Win on Indian Economy, Jobs, and Trade

so with Donald Trump's presidential win in the 2024 us election you might be wondering what does this mean for India

how will it impact the Indian economy jobs and trade well let's dive into it and see how Trump's new term could shape

things on the Indian side first we will talk about trade relations when it comes to trade Trump's

America First philosophy or the famous term Maga make America great again is likely to continue that means there will

be a bit of pressure on the Indian government to reduce tariffs on American Products see you have to understand that

any country that maintains a higher tariff on products especially coming from a developed country they do so to

protect its local Industries the same thing India is doing so any move to lower tariffs would likely involve

extensive negotiations to find a middle ground that benefits both economies it is not going to be all one-sided

obviously there will be new negotiation between Trump and Modi we might see favorable terms for certain Indian

exports like it services and pharmaceuticals creating fresh opportunities for Indian businesses in

the US market similarly America can push India to reduce tariffs on agricultural products automobiles energy technology

Electronics machinery and stuffs like that the second point is regarding immigration now if there is one thing a

lot of Indian professionals are concerned about it is immigration during his previous term Trump made it harder

to optain H1B visas H1B Visa allows skilled Indian workers to legally work in the United States if similar policies

return it can impact Indian tech professionals and that would further affect the revenue India receives in

remittances this could have a KnockOn effect on the Indian economy slowing growth in certain sectors let me tell

you about some of those sectors number one one consumer spending on real estate think about it so many Indian who work

in United States send money to India as a remittance to their family members remittance often support household

spending in India including investment in property education and consumer goods number two finance and banking reduced

remittance flow can affect the financial sector particularly banks that cater to non-residential Indians nris with

savings and investment products a drop in remittances could lower deposits and reduce foreign exchange inflows

impacting India's foreign reserves number three startups and Entrepreneurship many Indian tech

professionals gain experience and capital in the United States before returning to India to start businesses

Aid reduction in H1B opportunities could limit this knowledge and capital flow impacting India's startup ecosystem

Point number four if less Indians can work in the United States there may be a decrease in demand for courses that

prepare students for international careers particularly in it and Engineering Indian education sectors

focusing on it training or stem courses might see reduced enrollment especially if high paying job opportunities in the

US diminish and point number five the Indian it sector relies heavily on the H1B program with Indian professionals

constituting a large portion of these Visa holders a reduction in H1B visas could restrict the ability of Indian it

firms like infosis TCS and vipro to send skilled workers to the us as a result these companies might face challenges in

fulfilling contracts with the US clients potentially reducing revenues this could affect India software exports a key

source for Indian foreign exchange and economic stability so these are some of the sectors in India that will have some

impact if at all Trump makes it harder to obtain H1B visas but then Trump has also acknowledged the value of skilled

Indian talent for the US economy so he will have to strike a balance between restricting immigration and ensuring

that us Industries particularly the American tech industry shouldn't have difficulty in accessing foreign talent

to stay competitive now let's try to understand what would happen to investment and

Manufacturing interestingly Trump has always been in favor of India than China so his arrival can create a favorable

investment climate for India as it is the US government that is both Democratic and Republican

administrations have long been wanting to diverse I ify and reduce dependency on China if you remember the trade War

during Trump Administration from 2017 to 2021 so this idea of slowly moving away from China is bipartisan meaning both

parties recognize the Strategic risks of over Reliance on China so keeping this in mind India is seen as a promising

alternative for new Investments India might see some new investments in Indian sectors like technology electronics and

renewable energy for Indian companies this could be a chance to attract American Investment helping them grow

and create jobs in India one good example to understand over here is that Trump has Elon Musk on his team recently

Trump has said that he wanted Elon to be part of his government cost cutting so elon's voice will be very much heard by

the Trump Administration that also means Trump's Victory can give a push to elon's companies that is star link and

Tesla into the Indian market now let's try to understand about defense cooperation will Trump's arrival

strengthen Indian and American defense Ties on the defense front the US India defense partnership has strengthened

significantly in recent years and Trump's presidency might just keep the momentum going with a strong focus on

countering China's growing influence in the indo-pacific region this relationship could lead to more defense

deals between the two Nations Not only would this bolster India security but it could also boost economic growth in

defense manufacturing and Innovation let me quickly tell you some key areas and specific defense assets that the United

States could sell to India or that India might look to acquire number one mq9b predator drones a deal to acquire these

drones has been under discussion for a few years but then last month in October it got finally signed these drones are

outrageously expensive that is why such a delay so the arrival of these drones might begin in Trump Administration

number two advanced fighter jets that is F-15 ex and fa18 Super Hornet India is looking to modernize its Air Force and

the US has proposed to offer their F-15 ex and fa18 Super Hornet as options the fa18 Super Hornet in particular could be

a strong candidate for the Indian Navy's carrier-based fighter program if at all India purchased these jets that would

strengthen India's Air capabilities especially in the maritime domain number three integrated air defense system

Nasim 2 India is enhancing its air defense network to counter threats from multiple fronts the national Advanced

surfac to air missile system has been in talks for few years United States can push the sale of this air defense system

and if it all India's interested then this could definitely be part of India's layered air defense strategy offering

protection against Airborne threats including drones and missiles number four Naval helicopters MH 60r Seahawk

India has already signed a deal to purchase MH 60r Seahawk helicopters from the US I believe this year India has

also inducted them in Navy the m6r will be used for anti-submarine and anti-surface warfare so additional

orders for these multi-roll helicopters could be in India's list or us can pitch India to buy some more at discounted

price because the important goal is to strengthen India's Naval Aviation capabilities and enhance its ability to

counter submarine threats in the vast Indian Ocean number five Patriot missile defense system as we know India is

developing a multi-layered missile defense network to address threats from ballistic and cruise missiles the US

made Patriot missile defense system though expensive has always been in the purchase list of the Indian Armed Forces

but then as you know India went with the Russian S400 although India has not signed a deal to acquire the Patriot

missile defense system but then us can push the idea to India for acquiring this military hardware just so that

India can add an additional layer of defense against potential threats from neighboring regions number six Transport

Aircraft c17 and c130j super Hercules the Indian Air Force already operates c17 Globe Master 3 and c130j super

Hercules Transport Aircraft and it may consider additional Acquisitions to expand its strategic airlift

capabilities these aircraft are crucial for quick troop movement disaster relief and Logistics support especially in

remote and Border regions number seven anti-submarine Warfare capabilities given China's expanding presence in the

Indian Ocean India is Keen to strengthen its anti-ub in capabilities the United States could offer ASW technology such

as sonar systems surveillance systems and specialized Weaponry that could be integrated into India's naval fleet

number eight cyber security and space technology with cyber and space becoming critical areas in modern defense the us

could collaborate with India on satellite defense space surveillance and cyber security technology to bolster

India's resilience against electronic and cyber threats number nine a aircraft carriers and related technology while

the US is unlikely to sell India a full aircraft carrier there is potential for collaboration on carrier design

electromagnetic catapult systems and other Advanced carrier Technologies which would enhance India's Naval power

projection capabilities and finally Point number 10 Advanced armaments and precision guided

Munitions India could consider purchasing Advanced armaments including Precision guided Munitions smart bombs

and missile systems which would modernize its military's offensive capabilities so these are some items on

the list that India May acquire from United States or us could sell to India now if you connect these purchases with

India's makeing India initiative some of these deals might come with technology transfer or co-production agreements

which will further boost India's local defense industry plus India has established two defense industrial

corridors so it will create economic opportunities for India in defense manufacturing and

Innovation now now let's try to understand the final point the oil Factor so finally let's talk about oil

prices a topic that is very close to all our wallets now if you look at Trump's view on the Middle East particularly

towards Iran is very strict he has always been of the opinion of containing Iran's influence in the region now this

can stir things up potentially leading to higher oil prices if you remember in 2018 he withdrew the US from The Joint

comprehensive plan of action that is JCP agreement or you can call it the Iranian nuclear deal After exiting the deal his

administration imposed heavy economic sanctions targeting Iran's oil exports banking sector and other critical

Industries to weaken its economy and then we know that Trump is closer to Israel in 2017 he officially recognized

Jerusalem as the capital of Israel after that us moved its Embassy from Tel Aviv to Jerusalem becoming the first country

to do so that means Trump will adopt a hardly approach towards Iran in support of Israel that further means renewed

sanctions on Iran or even military tensions in the Middle East this will have some serious impact on the straight

of hormos now have a look at this particular area this is called straight of hormos since Iran is a major player

in the gulf and tensions in the region can threaten the security of the straight of hormos which is a critical

Maritime choke point through which around 20% of the world's oil supply passes now whenever there has been any

confrontation between us and Iran be it in 200 2018 2019 or 2020 Iran has threatened to

close or disrupt shipping through this area that means today if tensions increase between United States and Iran

there will be some disruption or concerns over this crucial passage and oil prices will Spike due to less Supply

which will directly increase India's oil import costs because you know India is a major oil importer this could mean

higher energy costs which might impact inflation and overall economic stability so this is the connection so now that I

have said all of this and you have understood what I've said although it is a good thing that the radical left

valkism will no more get any political support from the Republican after Trump's arrival that is a good thing for

America but then from an Indian perspective Trump's winning is a mix of opportunities and challenges with trade

investment immigration and even oil prices in the equation this is definitely a story to keep an eye on

India's response will be crucial in navigating these changes making sure we seize the opportunities while managing

the risks I hope you found this video informative thank you for watching it