By Admin 
After the India-US trade deal, the tariff on Indian imports has been reduced to 18 percent. Statements of many American leaders and officials have come out regarding this deal, in which they are making many claims ranging from India not buying Russian oil to investing billions in America. On the other hand, apart from all this, the statement of famous economist Jeffrey has come.
Jeffrey strongly criticized the recent US-India trade agreement. He has called it a clear retreat strategy of Washington after months of unsuccessful pressure tactics. He said that this step did not demonstrate American power, but rather exposed America’s weakness in dealing with self-reliant India.
‘India reduced American influence to a great extent’
Rejecting US claims of making concessions on India’s behalf, Jeffrey argued that New Delhi’s diverse global business partnerships have significantly reduced American influence. He has given the credit for reshaping the balance of power regarding this conversation to India’s strategic reach beyond its traditional allies.
‘India capable of protecting its interests’
According to Jeffrey, due to changes in trade, India has emerged stronger economically and diplomatically, which has further strengthened its position as an independent global power. He said that India is capable of resisting unilateral pressure while protecting its national interests.
The India-US trade deal is being called the Father of All Deals, a few days before this, on January 27, a trade agreement was signed between India and the European Union (EU). This deal was called Mother of All Deals. Donald Trump was the first to announce the deal with America and India has informed about reducing the tariff by 18 percent. However, many things regarding this deal are still unclear.
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