A sudden twist in the India-US trade story! A massive tariff cut from 50% to just 18% has been confirmed, sending shockwaves across markets and exporters. What did India gain, what did the US demand, and how will this deal reshape global trade dynamics? The answers may surprise you.
India-US Trade Deal में बड़ा ट्विस्ट! 50% से घटकर सिर्फ 18% टैरिफ—खबर ने बाजार और एक्सपोर्टर्स को चौंका
#IndiaUSTradeDeal #TradeDeal #USIndiaRelations #TariffCut #DonaldTrump #BreakingNews #IndianExports #GlobalTrade #BusinessNews #MarketImpact
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India-US Trade Deal में बड़ा ट्विस्ट! 50% से घटकर सिर्फ 18% टैरिफ—खबर ने बाजार और एक्सपोर्टर्स को चौंका
#IndiaUSTradeDeal #TradeDeal #USIndiaRelations #TariffCut #DonaldTrump #BreakingNews #IndianExports #GlobalTrade #BusinessNews #MarketImpact
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NewsTranscript
00:00Hello and welcome.
00:05Good returns.
00:06I am with you, my name is Aydema Zawwedi.
00:08This deal has been a long time since the last year.
00:12This has been a bazaar in the past year.
00:15This has been a top notch in the past year.
00:18This was a big deal in the past year.
00:21This is India-US trade deal.
00:23This is the announcement of the last year.
00:25Donald Trump has been through.
00:27Thank you so much.
04:25The top lines and bottom lines were placed on the top lines.
04:30I think if 18% came up, the Russians came up,
04:34and the reciprocal of the people,
04:36the 7% came up,
04:38and the 25% came up,
04:40and we were in Vietnam, China, Indonesia,
04:42we were on a very good level.
04:44Some of them are 19, some of them are 20,
04:46some of them are 24.
04:47The marks came out in university,
04:49when the result came out,
04:51the result came out,
04:52the result came out,
04:54the result came out,
04:56and the result came out,
04:58and the result came out,
05:00and the result came out,
05:02and the result came out.
05:04I think it's a very welcome step.
05:06If in letter and spirit,
05:08I have told you 3-4 things,
05:10where I don't have to read fine print,
05:14and if you don't know,
05:16tell me,
05:17because I have 2-3 questions,
05:18so if I have a question,
05:20and their answer is positive,
05:22it's a very good deal,
05:23the market is celebrating,
05:24you will see,
05:25the market is also very excited,
05:26but I think,
05:28you know,
05:29the fine print needs to be seen,
05:302-3,
05:31and I have told them,
05:32the two-3 things,
05:33I have told them,
05:34like Prime Minister Modi,
05:35they have no comment on Russian oil,
05:37and Venezuela oil,
05:38they have no comment on this,
05:39and they said,
05:40that we have 140-50 crores,
05:42and thank you,
05:44so I think it's good,
05:46which is,
05:47and we have done a mother of all deals,
05:49with EU,
05:50so if this is good,
05:51then they are father,
05:52they are both father and father,
05:54so this is father of all deals,
05:56and I think it's a win-win situation,
05:58Nima.
05:59Koli sir,
06:00first of all,
06:01this is also necessary to understand,
06:03that the ties between the US and India,
06:06this is a deal,
06:08that they don't try to counter China,
06:10because in emerging markets,
06:13China plus one strategy is also going,
06:15with the US.
06:16Yes,
06:17it can happen,
06:19look at,
06:20as soon as,
06:21when China has the EU,
06:22they have to counter China,
06:23because the EU deal with the 27 countries,
06:25I have gone,
06:27and I have seen them in the countries,
06:29and I have seen them,
06:30shops and stores,
06:32and you see China's wealth,
06:34and the EU was also trying to decoupling,
06:36China plus one policy,
06:37some factories,
06:38and EU countries,
06:40for them,
06:41I didn't want to do it,
06:42because China,
06:43has been doing the arm twisting,
06:45the whole deal,
06:46every deal,
06:47from any country,
06:48there will always be China,
06:49there will never be any right,
06:50I don't think,
06:51there will be any right,
06:52I think,
06:53China will be more than,
06:55that China will be more than,
06:56that,
06:57the whole deal,
06:58that,
06:59that,
07:00that,
07:01that,
07:02that,
07:03that,
07:04that,
07:05the trade war,
07:06that,
07:07Now what is happening, naturally China factor counts here, you have to talk about the right thing, you have to keep your hand in your hand, it's not China, so this is why we look at the geopolitical situation, the geoeconomic situation is now taking a new world, a new global order, new equations are being made, so there are very changes, very dynamic changes, when someone asks a long term strategy about investment, economic climate,
07:37and they say about this let's take one day at a time, there are some new days, and the last predictions, the last predictions, the lasticle analysis has been brought up, I think everyone has been taken up.
07:48So I've learned a new year that day there's a new day, when you wake up and you say today what Trump is now taking on their hats, and you see, with due respect to him he's President of America,
08:02It is the most powerful country, the most powerful country, and the most powerful country.
08:06And now they have dealt with bharat, so I don't have a lot of anger.
08:10But I think we should just take one day at a time, Arnima.
08:14One day at a time. Sir, Russian oil, as you have highlighted 3-4 points,
08:19we also had the same questions, the same things came out.
08:23But if we go to Trump's truth social posts,
08:27we should not take oil from Russia,
08:32and take oil from Russia,
08:34will this affect the strategic partnership between Russia and Russia?
08:38I think that I have asked a question about you.
08:44I am going to ask what will happen in this practical side.
08:47I think that when a dialogue is happening,
08:51we have reduced oil from Russia,
08:54and we have reduced the sanctions,
08:57and the sanctions are also taking place.
08:59In the currency payments, we will try to get rid of it.
09:01So we will try to get rid of it,
09:04that there will be some kind of anger on the other side.
09:07We can take it seriously.
09:10And you know Trump's answer to it,
09:12they are giving it their own way.
09:15They have said that they have said that they have said that
09:18People have talked about 35-45 times.
09:22They are always saying the Trumps against us.
09:25We are always saying this.
09:27I think that some of the things that I think
09:38should be ratified.
09:41I think we should wait with fingers crossed.
09:43I don't think that this will be a sumbhav, because in Russia, it is very deep-rooted.
10:02It is very deep-rooted. We had a discounted price.
10:06I think we should just hold our guns.
10:23And how feasible is taking oil from Venezuela, sir?
10:26If we buy from Venezuela, because this is the thing that we buy from Russia,
10:32because we are getting a small tail.
10:34Yes, exactly.
10:36That is what I have commented on Russia.
10:39I will also comment on Venezuela as well.
10:41Although, he had a suggestion of Venezuela as a default president.
10:46Trump will remember you.
10:48He has a suggestion, but he is not.
10:50He is a government in Venezuela.
10:53And he will also see how much of the U.S. has been in Venezuela.
10:57Because in Venezuela there is no clarity in Venezuela.
11:01He took the other acting president.
11:04Will it be or not?
11:06Will it be a nominee?
11:08Will it be an election?
11:09Will it be an election?
11:10Will it be oil from Russia?
11:12I think the comments on Russia and Venezuela are a bit futuristic.
11:16I think it is not.
11:18It is not that the deal announced last night,
11:21so in the morning,
11:23the tanker is running from Venezuela.
11:25And the Russian tanker,
11:27who came from Russia,
11:28is gone back.
11:29These are very futuristic comments.
11:31I will see it very practical now.
11:35Let's wait for Government of India's comment on ratification.
11:39Okay sir, this is a futuristic comment.
11:41But this is practically,
11:43Donald Trump has said that we are going to put 18% in India.
11:47But India will put 0% in India.
11:50This is a practical thing.
11:52What is the practical thing?
11:54Look, this is the thing.
11:56This is the thing.
11:57It is a little bit of a look.
12:00Because when the trade representatives of India and America
12:04were sitting in commerce ministry,
12:06and they also came here and went there.
12:09So, this will be discussed.
12:11How much are we going to put it?
12:12How much are we going to put it?
12:13How much are we going to put it?
12:15Because in America,
12:16we want to put oil-related products on the first part.
12:19The second part,
12:21there are some precious stones from America.
12:23If you look at the list,
12:25there was approximately 41 billion dollars.
12:30So, if the import of 40 billion dollars
12:32will be tax-free.
12:34It will be completely zero.
12:37I will be very surprised.
12:39Because,
12:40the first trade deal,
12:42the average tariff,
12:44it was approximately 15-16 percent.
12:48So, if we remove 40 billion dollars
12:50from 15-16 percent,
12:52it will be approximately 4-5,
12:54you understand,
12:55below 5-10 billion dollars.
12:57So,
12:58what are we going to sacrifice?
12:59What are we going to sacrifice?
13:01What are we going to sacrifice?
13:02So,
13:03what are we going to sacrifice?
13:04What are we going to sacrifice?
13:06What are we going to sacrifice?
13:07So,
13:08what are we going to sacrifice?
13:09So,
13:10what are we going to sacrifice?
13:11I am going to sacrifice that,
13:12I'll make you say that,
13:14I need to take a shower.
13:17So,
13:18when I take to sleep,
13:19I need to get a shower and sleep.
13:20This разговор is the deal,
13:21when I take to sleep,
13:22I just need to get a shower.
13:24I have to catch some of my tears in the night.
13:25Then,
13:26I need to take a shower.
13:27In my mind,
13:28I need to shake some of these
13:29who is the government's side.
13:30I need to make a clarification
13:32I need to take,
13:33I need to be a clarification.
13:35I need to take a shower.
13:36I will tell you that Trump has given us something to you.
13:41I will tell you later.
13:43I will tell you later.
13:44You will see some of them.
13:46If there is a zero tariff,
13:49I think this will be a big deal.
13:52As I told you the numbers,
13:55this will be a big deal.
13:57If we have zeroed,
13:59it will not happen in agriculture.
14:01This is a good thing.
14:03In agriculture products,
14:04we had a red light.
14:06We had drawn a red line.
14:08But if this is zero,
14:10it will be a big deal.
14:13Because that will be a very large amount.
14:16So again,
14:17I will finish this sentence.
14:19Let's wait for ratification from the government of India.
14:23Yes, sure.
14:24Because Donald Trump always says something like that
14:26and the next day,
14:27it is a problem.
14:28We have seen it.
14:30Sir,
14:31we will talk about trade here.
14:33I would like to discuss another point.
14:36In the last minute,
14:37we will buy US goods of 500 billion dollars.
14:41500 billion dollars.
14:43Big deal, sir.
14:44India is still in any country
14:46or not?
14:48If we are selling 500 billion dollars
14:50only from America.
14:52This is also a futuristic number.
14:55You remember,
14:56when Bharat and America
14:57trade deal started,
14:59that was started from here.
15:01That we want to take the trade
15:03up to 500 billion dollars by 2030.
15:05This will be the date of the next five.
15:07Yes.
15:08Because now,
15:09it was approximately
15:10under 100-700 billion dollars.
15:12It was a little lower down.
15:14So,
15:15all of a sudden,
15:16all of a sudden,
15:17all of a sudden,
15:18this is all futuristic.
15:19Look,
15:20what is common in these things?
15:21Venezuela,
15:22Russia,
15:23and 500 billion dollars.
15:24all of a sudden,
15:25there is a common thing
15:26that you don't see immediately
15:27as an expert.
15:28You don't see it.
15:29I don't see it.
15:30I don't see it as an expert.
15:31So,
15:32this is also a futuristic thing.
15:33So,
15:34Trump's statement,
15:35you will know that
15:37in Texas,
15:38there was a big election
15:39yesterday.
15:40It was a big election in the Democrats.
15:41In Texas,
15:42there was a major election
15:43that was very important.
15:44So,
15:45I think he is just
15:46trying to remain very positive.
15:48He is trying to remain very futuristic.
15:50Trying to remain very optimistic.
15:52So,
15:53this is also a 500 billion dollars
15:54that you achieve in one year.
15:56When we reach so many times,
15:57we reach 100-800 billion dollars.
15:59And,
16:00if there is a deal that
16:01500 billion dollars
16:02suddenly,
16:03which means,
16:04what we are doing,
16:05we have 4-5 dollars.
16:06So,
16:07this is also a futuristic thing.
16:08I think the three things
16:09are futuristic.
16:10We will see the date
16:11in which date
16:12this target
16:13has been achieved.
16:15Russian oil,
16:16Venezuela,
16:17500 billion dollars,
16:19and this is also a futuristic thing.
16:21So,
16:22if it is a futuristic thing,
16:23it is immediate or not?
16:24Now,
16:25we will have to wait.
16:26Sir,
16:27Donald Trump's post
16:28in the whole post
16:29all these things
16:30are like,
16:31which can be put on
16:32now.
16:33So,
16:34the question is,
16:35is that,
16:36the deal is finally
16:37in which terms?
16:38Because,
16:39in agriculture,
16:40we were putting bars
16:41so that this deal
16:42didn't have to be full.
16:43We bought Russia oil
16:44so that this deal
16:45didn't have to be full.
16:46We didn't have to do
16:47zero tariffs
16:48so that this deal
16:49would be full.
16:50And now,
16:51we are agreeing.
16:52But,
16:53when we are agreeing?
16:54There is no clarification.
16:55So,
16:56what is the deal?
16:57Arnima,
16:58I want to clarify
17:00what you said.
17:01I am definite
17:03on agriculture.
17:04because we are not
17:08in any level of agriculture.
17:10This is a true thing.
17:11Because,
17:12our 50-60%
17:14Arnima
17:15is dependent on
17:16direct and indirect
17:17on agriculture.
17:19We are self-sufficient
17:20and we are world's largest
17:21dairy producers.
17:22They are cattle
17:23and meat
17:24remains
17:25in their fodder.
17:27They are wanting
17:29to come here
17:30आ जाए या वो उसका बना दूद भी पनीर 35% इंडिया की आबाधी
17:34वेज़िटेरियन है और निमा तो अगर वहां का आप देखे जो जो भैंस वहां की
17:38मीट खा कर दूद देगी तो वो तो दूद भी देखा जाए तो वो नॉन वेज हो गया या उसे
17:44So I think that there will not be any compromise in there.
17:48I can say that there is no compromise in the agri-dairy.
17:52And these three things like Venezuela, Russia and $500 billion,
17:56and zero tariffs, we need to see dates.
17:59And this also needs to be seen.
18:01That the 18% is,
18:03we need to talk about 18% here,
18:07and we need to know the dates also, you know, in the fine print, Arnima.
18:20Okay.
18:21If we go to percentage,
18:24Sharadji, India, 18% tariff,
18:26and you said that we are enjoying a lot from our counterparts.
18:30Indonesia is 19%,
18:32Bangladesh is 20%,
18:34Vietnam is 20%,
18:36and China is 34%.
18:38But here,
18:40there are a lot of European countries,
18:42which are the tariffs on us,
18:44which are less than the tariffs on us.
18:46They are less than the tariffs on us.
18:48They are less than the tariffs on us.
18:50They are less than the tariffs on us.
18:52Are we happy that Pakistan is 19% or 18%?
18:57We are happy that Pakistan is 19% or 18%?
18:59No, not to give up.
19:01Pakistan is not making anything.
19:03There is only a shawaz sharif and who is who is?
19:05Asip Muneer.
19:06They can only go to White House and drink vity.
19:08After that,
19:09they have a visa ban.
19:10They can't come to Pakistan or America.
19:12I feel that Pakistan is making nothing.
19:15Even if it makes, nobody needs their goods.
19:17Not to speak about Pakistan.
19:19Yes, in Europe,
19:20In Europe, there is something that goes there, but we should not forget that because of Greenland,
19:26Europe and America have also come in a gap. Why are we forgetting?
19:31When Diego Garciac is in Mauritius, which was in the UK,
19:36when the Queen and the British king was in control,
19:39he returned to the British Prime Minister,
19:42why did they give it to him?
19:45In Europe, you will not forget that they also gave it to other tariffs,
19:52because France joined in the Board of Peace,
19:55and they said that they will put 200% of the tariffs on the French wines,
19:58and Greenland will also give it to him,
20:00and I was reading any tariff in Arnema.
20:05In the White House, in a room,
20:08they say that they don't do anything,
20:12and they say that they will put tariffs on them.
20:15I think we should wait to see the tariffs on the final tariffs.
20:23If you ask me,
20:25there is no doubt about the tariffs on the final tariffs.
20:28Because there is something that will increase,
20:29and that is South Korea,
20:31which in July,
20:33the Chinese people,
20:34that you want to buy some tariffs on the French,
20:36and you have to pay for some tariffs on the French waters.
20:38They paid off the price,
20:40and they paid 50% for their taxes,
20:42and they paid $15大 from 15 to 15,
20:45so no tariff percentage goes into account.
20:48It's final,
20:50it can change any time,
20:52Bob Shannes,
20:53before it comes to the morning,
20:54all the time,
20:55in the morning,
20:56the worst of July is 18%
20:58So, another thing I'm talking about today is that the market is also happy, we and you are also happy, the industry is happy.
21:04Some people say that they are making Diwali.
21:07I think that before celebrating the celebration, I need to wait a little bit. After all, we are dealing with President Donald Trump, which is very unpredictable.
21:18So I think before we go for a party, we should just wait for a while.
21:22Absolutely sir, you are saying that Donald Trump is still more volatile than the market.
21:29Arnima, sorry to interrupt you.
21:32In our office, which is my research team, we have made a Trump Mood Index, TMI.
21:38Yes, you are talking about it.
21:40Yes, I am plotting it.
21:42And even more people go up and down.
21:45Today, the Trump Mood Index is up.
21:47Let's see when it comes down.
21:50So therefore, yes, you are right.
21:52Sorry.
21:53Yes.
21:54We will see Trump's mood too.
21:56And with this trade deal, we will decode it.
22:01Because there are a lot of points.
22:03Like Sharat Ji told us, there are a lot of questions now.
22:07And then, when the clarification comes from the government,
22:10and the deal will become a reality,
22:14we will probably get a little clarification.
22:17That is the US beneficiary.
22:18What is the person who is getting here?
22:19What is the person who is getting here?
22:21What is the person who is getting here?
22:22What is the person who is getting here?
22:23Thank you very much.
22:24Thank you very much.
22:28Thank you so much.
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