False


Download Learnerz IAS app from the Play Store now! Download

$show=search/label/May%202022

 


Global economic implications of a Trump presidency UPSC NOTE

SHARE:

  Trump’s “America First” policy could lead to more trade wars , targeting both allies and adversaries, including India and China. He may i...

 

  • Trump’s “America First” policy could lead to more trade wars, targeting both allies and adversaries, including India and China.

  • He may impose new tariffs on imports, such as a 10% tax on all goods and 60% on Chinese products, leading to inflation worldwide.

  • India could face higher tariffs on goods like agricultural products and IT services, particularly impacting its trade surplus with the U.S.

  • Trump could revive restrictions on skilled worker visas (H1B, L1), limiting the flow of Indian IT professionals to the U.S.

  • Companies like Infosys might have to hire more U.S. workers, as seen during Trump’s first term when visa denials surged.


Global Supply Chain Disruptions

  • Higher tariffs and protectionist policies will increase costs, impacting global supply chains and causing price hikes in the U.S. and abroad.

  • U.S. exports of technology and agricultural products will likely face increased costs, affecting global markets.

U.S.-China Relations

  • Trump will likely aim to close the $380 billion trade deficit with China, further escalating tensions, especially as China’s economy faces challenges.

  • China may struggle to find new markets for its goods, especially in sectors like electric vehicles and steel, facing stiff opposition from regions like the EU and India.

Energy and Climate Policies

  • Trump’s push for more oil and gas drilling would reduce the U.S.’s focus on climate goals, reshaping global energy dynamics.

  • The EU’s efforts to reduce dependency on Russian LNG could be influenced by Trump’s policies, with the U.S. continuing to supply more natural gas

Impact on Multilateralism

  • Trump may continue undermining international agreements, including those through the WTO, in favor of bilateral negotiations.

COMMENTS

Name

Amritsar,1,April 2024,301,Art & Culture,11,August 2023,251,August 2024,400,Courses,7,Daily Current Affairs,51,December 2023,189,December 2024,76,Disaster Management,2,Environment and Ecology,323,February 2024,228,Foundation Course,1,Free Class,1,GDP,1,GEMS Club,1,GEMS Plus,1,Geography,311,Govt Schemes,2,GS 2,1,GS1,56,GS2,454,GS3,291,GS4,1,GST,1,History,12,Home,3,IAS Booklist,1,Important News,71,Indian Economy,310,Indian History,24,Indian Polity,341,International Organisation,12,International Relations,260,Invasive Plant,1,January 2024,240,July 2023,281,July 2024,375,June 2022,6,June 2023,268,June 2024,324,March 2024,238,May 2022,17,May 2024,330,Mentorship,2,November 2023,169,November 2024,341,Novermber 2024,2,October 2023,203,October 2024,369,Places in News,2,Science & Technology,318,Science and Technology,119,September 2023,205,September 2024,336,UPSC CSE,115,UPSC Tips,4,
ltr
item
Learnerz IAS | Concept oriented UPSC Classes in Malayalam: Global economic implications of a Trump presidency UPSC NOTE
Global economic implications of a Trump presidency UPSC NOTE
https://lh7-rt.googleusercontent.com/slidesz/AGV_vUdVTrly21WHO939prGypsr0IwpigY4eSYP0Fl3DzdJ6a345PciziJsLuu8VVo5m7XzuCxU83p4lq4U7aH0LHKVT9BeLDRe6o2K7MpKPGeRgsdzfqcwP-A_TnEnkS7cIC-pF3y7BZCRl6DjvDSfjQzyaJJb7bBJCqWzqliMVWr2O6Q=s2048?key=D1uSu2cu1U3s4szqeMQiySdV
https://lh7-rt.googleusercontent.com/slidesz/AGV_vUdVTrly21WHO939prGypsr0IwpigY4eSYP0Fl3DzdJ6a345PciziJsLuu8VVo5m7XzuCxU83p4lq4U7aH0LHKVT9BeLDRe6o2K7MpKPGeRgsdzfqcwP-A_TnEnkS7cIC-pF3y7BZCRl6DjvDSfjQzyaJJb7bBJCqWzqliMVWr2O6Q=s72-c?key=D1uSu2cu1U3s4szqeMQiySdV
Learnerz IAS | Concept oriented UPSC Classes in Malayalam
https://www.learnerz.in/2024/11/global-economic-implications-of-trump.html
https://www.learnerz.in/
https://www.learnerz.in/
https://www.learnerz.in/2024/11/global-economic-implications-of-trump.html
true
4761292069385420868
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content