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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: Lane3 who wrote (78922)	6/22/2018 8:41:09 AM
From: Wharf Rat	Read Replies (1) \| Respond to of 362547

Another counhtry heard from.... India Is the Latest Front in Trump’s Endless Trade War Modi’s soft approach is getting nowhere with a hard-line Washington. BY SREERAM CHAULIA \| Foreign Policy JUNE 21, 2018 foreignpolicy.com U.S. President Donald Trump has been starting trade wars on all fronts, with escalating spirals of tariffs between the United States and its three main trade partners: the European Union, China, and NAFTA. But there’s a smaller yet no less significant part of the protectionist tit for tat that’s been overlooked: the fight between the United States and India. This quarrel has the potential to erode the burgeoning strategic partnership between the world’s two largest democracies, which have been closely aligned in military and counterterrorism fields with the goal of stabilizing the Indo-Pacific region and countering the rise of China. Trump struck the first blow with his steel and aluminum tariffs. India tried hard to get an exemption but failed. And so, on Thursday India began imposing what it deems proportionate payback worth $240 million on 29 American export items including almonds, chickpeas, and chocolates, with 28 tariffs taking immediate effect and a duty on shrimp rolling out on Aug. 4. The U.S. side was pressing for trade reciprocity even before the Trumpist trade hawks swooped in. Since President Bill Clinton’s administration, the United States has filed six separate cases against India at the World Trade Organization. Despite these conflicts, the deepening of geopolitical cooperation rarely halted. But the unilateralist and rigid way the current U.S. administration is closing its market to imports while simultaneously demanding concessions for its exports has rattled India as much as it has the rest of the world…. < more at link >