India and the US have announced a trade deal, which has been met with mixed reactions from various quarters in the country.
The agreement was hailed by US President Donald Trump and Indian Prime Minister Narendra Modi, who claimed that it would lead to relief for India from some of Trump's harshest tariffs. However, despite this promise, details about the deal remain vague, leaving many Indians uncertain about its true impact on their economy.
Experts say that one of the main concerns in India is the lack of transparency and clarity surrounding the agreement. "The devil is in the details," said Ajay Chhibber, a distinguished visiting scholar at the Institute for International Economic Policy at George Washington University. "We need to know what specific concessions India has made and what benefits it will receive from this deal."
Trade economist Biswajit Dhar also expressed his concerns about the lack of transparency in the agreement. "The US government is not being forthcoming about the terms of the deal, which is creating uncertainty among Indian businesses," he said.
On the other hand, former chief-of-staff at the President's Council of Economic Advisers, Harry Broadman, argued that the agreement would lead to increased economic cooperation between India and the US. "This deal will open up new opportunities for Indian businesses to invest in the US and vice versa," he said.
However, many Indians remain skeptical about the agreement, citing concerns over issues such as tariffs, trade imbalances, and national security. As one expert noted, "The Indian government needs to be careful not to compromise its sovereignty in the process of negotiating a trade deal with a major power like the US."
Ultimately, the fate of the trade deal remains uncertain, and it will take time for Indians to assess its true impact on their economy and society.
The agreement was hailed by US President Donald Trump and Indian Prime Minister Narendra Modi, who claimed that it would lead to relief for India from some of Trump's harshest tariffs. However, despite this promise, details about the deal remain vague, leaving many Indians uncertain about its true impact on their economy.
Experts say that one of the main concerns in India is the lack of transparency and clarity surrounding the agreement. "The devil is in the details," said Ajay Chhibber, a distinguished visiting scholar at the Institute for International Economic Policy at George Washington University. "We need to know what specific concessions India has made and what benefits it will receive from this deal."
Trade economist Biswajit Dhar also expressed his concerns about the lack of transparency in the agreement. "The US government is not being forthcoming about the terms of the deal, which is creating uncertainty among Indian businesses," he said.
On the other hand, former chief-of-staff at the President's Council of Economic Advisers, Harry Broadman, argued that the agreement would lead to increased economic cooperation between India and the US. "This deal will open up new opportunities for Indian businesses to invest in the US and vice versa," he said.
However, many Indians remain skeptical about the agreement, citing concerns over issues such as tariffs, trade imbalances, and national security. As one expert noted, "The Indian government needs to be careful not to compromise its sovereignty in the process of negotiating a trade deal with a major power like the US."
Ultimately, the fate of the trade deal remains uncertain, and it will take time for Indians to assess its true impact on their economy and society.
I'm kinda glad India's getting a trade deal with the US, but at the same time, I'm a bit worried about how vague all the details are 
. It feels like they're just promising us that everything will be fine without telling us what's actually in it for us 
. And don't even get me started on the lack of transparency - it's super sketchy, imo 
. I mean, how can we trust that India won't get screwed over by the US? We need more answers, fam 
. But hey, maybe Harry Broadman is onto something with the whole increased economic cooperation thing 
. Let's just hope our govt doesn't sacrifice too much of its sovereignty in the process 
. I'll be keeping a close eye on this one 
I mean, Trump's tariffs were pretty harsh, but is India really just gonna get a free pass? 
What I do know is that some people are worried about their economy and if this deal is really gonna help them out or just make things worse... 
. And let's be real, some folks are gonna get left behind in the process - Indian businesses are already reeling from the tariffs, now they gotta worry about this trade deal too 
. Maybe they should've negotiated a better deal, idk 
...anyway, I'm keeping an eye on this one 
... but wait, what if the us is just gonna exploit india's weak economy and squeeze out its small businesses? 
. maybe we should just wait & see how it plays out in practice? 
I'm literally so hyped about this trade deal! 
. And let's be real, Harry Broadman makes a solid point about increased economic coop 
. On one hand, it's great that we're seeing increased economic cooperation 
, but on the other hand, I wish the Indian government had been more transparent about the terms of the agreement 
. It's like they're hiding something from us 
, but I think we need more clarity on that. What do you guys think? 
. India's been burned by trade deals before, so it's only natural that people are skeptical about the US coming in with some vague promise of "relief". 
, then maybe we can look past some of our concerns