India could become the next target of Trump's Trade War


India, Indonesia, Malaysia and Vietnam have largely escaped US President Donald Trump's glare on trade, but in the future it is possible that these  countries  become victims of  the  policies of   Trump. America with all these countries have large trade deficits. With  this  new tax  reform  in  the  United States may impose additional taxes on imports. Trump has expressed concern over these protectionist policies, which could have an effect on the development of global economy.

America's trade deficit with those countries could have a significant impact on the policy. Trump's National Trade Council chief Peter Nawaro and Commerce Secretary Vilbr Ross had published a paper last year, in which he had criticized the US trade deficit. Executive Director of the Asian Trade Center Debura Ames said, "almost all the countries of Asia to the US have huge export. Trump ever trade deficit can be tough. Maybe other countries are not yet conscious. "

As far as India is concerned, the WTO rules of trade with the US and is based on the 2005 Trade Policy Forum. Since then, the US-India trade grew from $ 29 billion in 2005 to $ 65 million in 2015. India in large quantities in the US are in IT services, textiles, precious stones exports. America's trade deficit are there with India also. Yet so far the relationship between Trump and PM are quite warm. Trump's fifth world leader to whom he has called up and, according to the White House between the two leaders there was not any trade negotiations.

China is the main target of Trump campaign. However, Trump has not taken any action on China which is the third largest exporter of goods to the US. Indeed, Trump is thought China's President Xi Jinping's warning, which he said would affect the interest of the two countries if there is a trade war between them. The Japanese Prime Minister Shinzo Abe with the fear of trade war has visited America twice . He met Trump on February 10 to discuss new trade and investment policy is agreed. 15 per cent of their total trade with the US economy, with 80 per cent of the US trade gap with Vietnam and South Korea are also in talks with the US, after new trade policies of  Trump's administration.

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