Sunday, 5 February 2017

Impact of Donald Trump on India


Donald Trump won unexpected US Presidential election against Hillary Clinton. Everyone was expecting that Democratic Party's Hillary Clinton to won the US Presidential election but Republican Party's Donald Trump become the 45th US President after winning race. And Mike Pence become the 48th Vice President. Here are few points which can implies that how he will impact India.

Donald Trump said that he renegotiate all foreign trade deals will affect traders and India too. He told that he will terminate the H1B visa program which can affect Indian IT stocks and IT companies like Infosys and TCS. He said he would bring American jobs back from India, which can be harsher condition for India. He promises to reduce corporate tax from 35% to 15% which could result in companies like Microsoft, Ford can rush back to US.
Although he also says he wants to woo Indian entrepreneurs and student to US. He labelled Pakistan as safe haven for terrorism. He criticised China throughout his campaign. This all can be positives for India. Trump can be helpful to improve corporate and defense ties for India. 
In the we can not say as of now how the American Businessman can be effective for either US or how it impact on India, only time will tell this. 

No comments:

Post a Comment