China has cut its 30 percent import duty on Indian pharma products to zero, opening huge opportunities for exporters, especially after the US imposed steep 100 percent tariffs on drug imports.
https://www.freepressjournal.in/business/china-removes-30-import-duty-on-indian-pharma-big-relief-comes-as-us-hikes-tariffs-to-100
23 comments
TRUMP: “The Art of the Deal”
The world is a small place. Almost anything can be supplied by someone else. Just ask US soy bean farmers.
If China and India become genuine allies, this will be America’s largest foreign policy blunder in decades.
The 100% thing is largely for headlines, it doesn’t apply to the bulk imports (generics).
Imagine if India and China figure out a deal to trade with each other in National currencies rather than using USD in between
I am waiting so that China opens up direct flights and visas asap. I want to finish seeing all the 7 wonders of the world asap, once China is done…Jordan would be next up my list.
China will devour Indians medical supply and essentially starve out the USA …. Who coincidentally imports the vast majority of medical supplies from….. CHINA.
Trump and his heritage foundation stooges were never smart enough to pull this shit off. They operate under the same “American superiority” complex they inflict on others, and the world does not work that way. All of Trumps actions sound like a plan conceived in the late 90s that sat on the shelf mounding. But these dumb ass are too arrogant to realize that any hope of their plan working expired long ago.
A year ago American Government stated ” India US partnership will be the most defining partnership of the century” .
And today under Trump coupled with his actions and foul mouth it looks like India has started to perceive Trump and US as threat let alone partnership.
I never believed in this statement but it has started to make sense “America doesn’t have allies , America only has vasaal states” . America is not seeking partnership with India , it wants a India which is subservient to America, it Wants India’s Neck under its knee .
The (f)Art of the Deal people!
If only the US had a trans pacific trade partnership or something to counter China’s dominance. For real just another opportunity destroyed by Tramp the pedophile.
It’s amazing how much a bigger market is than the US. If the world needs consumer to replace the US free trade between India and China will cover it many times over.
Is this what winning feels like because it doesn’t feel like winning?
1. Have the worst health care in the developed world.
2. 100% tax the country with the most affordable health care and pharma products.
3. China drops tariffs for Indian pharma products.
4. India and China move closer towards an economic partnership.
5. Nobel Peace Prize for Trump
So now two geopolitical rivals are closer than before and are making their economies benefit from each other.
That’s a huge win for them and a huge loss for those who play with tariffs, thinking that other “outside countries” have no other choices.
It’s like the whole idea behind Maga is to make America suffer needlessly.
Time to introduce Americans with Indian made Burnol. they need it.
As an Indian, who spent the better part of my life looking at and consuming so much of US culture movies food the flip from the US is making my head spin. How did it go so bonkers so fast
Trump is insane. If India and China align then China literally doesn’t need the rest of the world.
They’ll have no reason to listen to anyone.
Honestly with how things are going with Marcos in the Philippines and Duterte Sr in poor health,
The Philippines could again go on a hard swing to China unless something drastic changes between now and 2028. That’s another ally potentially lost.
Take me out of this simulation already please
China vs the USA, one country is run by smart people, one is run by idiots.
Yeah, well American Soy Farmers are going to be the new billionaires! They gunna sell to Americans and make teh billions.
/s
More importantly; votes have consequences.
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