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Trump terminates GSP treatment of India as developing country, effective June 5, 2019

Some feel good circle jerk thread with no real impact on our exports to US. :lol:
At this stage, because India is weak, the impact is small. This in turn has a negative impact on the future development of India's manufacturing. You have to know, without India, how will India rise in the future? Recently released news India's gdp growth rate was less than 6% in the first quarter of 2019, which is not a drag on agriculture and manufacturing. Your third industry is so powerful, why not put your growth rate up? .
 
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At this stage, because India is weak, the impact is small. This in turn has a negative impact on the future development of India's manufacturing. You have to know, without India, how will India rise in the future? Recently released news India's gdp growth rate was less than 6% in the first quarter of 2019, which is not a drag on agriculture and manufacturing. Your third industry is so powerful, why not put your growth rate up? .
Dude our export commodities, rather the commodities we export more will not fall under GSP. If we want to export machinery, it'll automatically be out of GSP list. Similar is the case with petroleum products. That's why the government didn't take any immediate damage control measures.

Now, quarter wise growth rate swings both ways. The growth is usually weak during the election season due to the disruptive nature of it. Also restriction on incumbent government in funding any major projects or starting of new projects. It'll rebound back in next quarter after fresh investments and funding.
 
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Lol.
Those figures are from April when US still gave had given waivers from sanctions.
Chinese oil imports from Iran plummeted in May.
China will continue to import. It won't be done in a transparent way. Unless usa starts capturing iranian and chinese tankers the trade will go on. In the past iran has blended its oil with iraq crude.

trump is going outta white house soon .

Trump has no morals he will cling onto office, unless voted out next year.
 
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Under the leadership of Trump, the United States also engaged in wars against Russia, China, Mexico, Japan,Europe,Canada,India, Pakistan, Iran, North Korea, South Korea, Cuba and other countries.
Trump also intends to attack Australia, but Under the strong opposition of the US State Department and the military,he gave up),
Does Trump not understand that he can't fight on multiple fronts at the same time?
 
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