China sees trade signals while JD Vance keeps it personal in India

Pakistan Ministers call India’s suspension of Indus Waters Treaty ‘cowardly’, ‘immature’ & ‘inappropriate’

JD Vance landed with his family in New Delhi on Monday, kicking off a four-day visit to India that carries both personal and political significance for the US vice president, while taking place against the backdrop of President Donald Trump’s global trade war.

Vance’s trip comes as the US is threatening to increase the 10% tariffs on Indian exports to 26% if no deal is reached by the end of the 90-day pause Trump put in place earlier this month.

A trade deal between India and the US could significantly enhance economic ties between the two countries and potentially strengthen diplomatic ties.

ALSO READ: Vance and Modi are likely to discuss a potential US-India trade deal. Here’s what to know

Vance will meet Prime Minister Narendra Modi for talks on the economy, trade and geopolitical ties. Vance’s visit is seen as an important diplomatic mission by Trump’s administration. It coincides with a rapidly intensifying trade war between US and China who is also keeping a close eye on the engagement.

China keeping a close eye

China’s official mouthpiece quoting analysts, wrote, “The trip is unlikely to ease India’s concerns over the US reciprocal tariffs or secure any significant shift in India’s trade policy.”Chinese analysts view Vance’ visit, “a blend of official diplomacy and family engagement, as an attempt by the US to solidify trade relations with India at a time of heightened tariff-driven tensions with its major trade partners.”ALSO READ: Usha, JD Vance’s kids make India entry in kurta-pyajama and anarkali attire

But they noted the visit is “unlikely to relieve the South Asian country from the currently paused reciprocal tariffs”, as per the Global Times report.

China’s experts wrote that amid the ongoing US’ tariff war, Vance is expected to use the trip to reassure India on tariff-related matters and project a willingness to negotiate. However, “India may be reluctant to make trade concessions with the US that jeopardize its Make in India strategy.”

ALSO READ: “JD Vance’s India visit will deepen strategic partnership”: MEA Randhir Jaiswal

India’s deep ties with the US

The US is India’s largest trading partner, with bilateral trade valued at $190 billion until recently.

India’s Foreign Ministry has said Vance’s visit will “provide an opportunity for both sides to review the progress in bilateral relations” and the two leaders will “exchange views on regional and global developments of mutual interest.”

India is a close partner of the U.S. for bilateral trade, foreign direct investments, defense cooperation and an important strategic ally in combating the rising influence of China in the Indo-Pacific region.

It is also part of the Quad, which is made up of the United States, India, Japan and Australia and is seen as a counterbalance to China’s expansion in the region.

Leading U.S. companies such as Apple Inc. and Google have expanded operations in India in recent years. Last month, Musk’s Starlink entered into agreements with two of India’s top telecom operators to provide satellite-based internet services.

To further boost trade ties, the U.S. and India have set an ambitious target of more than doubling their bilateral trade to $500 billion by 2030 under the expected trade deal agreement.

Modi and Trump already share rapport Modi established a good working relationship with Trump during his first term in office. It now appears that the two leaders are likely to further boost cooperation between their countries, particularly in trade. Chinese President Xi Jinping is aiming to position Beijing as a reliable trade partner in the Asia-Pacific region amid rising tensions with Washington.

India has also already taken a number of steps to win over Trump. It will purchase more oil, energy and defense equipment, including the fifth-generation stealth fighter jets, from the U.S.

The U.S., however, wants greater market access for its agricultural and dairy products in India, but New Delhi has been reluctant so far as the farm sector employs the bulk of the country’s workforce.

Source link

China sees trade signals while JD Vance keeps it personal in India

Live Events

China keeping a close eye

India’s deep ties with the US

Leave a reply Cancel reply

Most Popular

Recent Comments

EDITOR PICKS

POPULAR POSTS

ABOUT US

FOLLOW US