What Donald Trump as America's 45th President means for India

The implications for India if Trump were to stick to his 15-point agenda

Bucking media opposition, popular perception and Hillary Clinton’s vicious campaign, Donald Trump has emerged as the 45th president of the United States of America. Trump elucidated on his 15-point agenda in the run-up to the elections. If he decides to implement them, it could impact the Indian government, people and businesses in several ways.

Here is a lowdown on the implications Trump’s policies as the US President could have for India.
 

1)   The Tax Plan: One of the highlights of Trump’s economic campaign is his plan to reduce corporate tax rates in the U.S to 15%. At present the rate stands at 35%. This would make the U.S one of the most attractive destinations in the world for businesses, especially for American businesses that have set shop in other countries to improve their profitability by paying less taxes. If Trump were to implement this plan, U.S businesses in Indiacould be lured back to American soil. Take the case of Ford Motors. Trump has repeatedly flayed Ford during his campaign for moving manufacturing outside U.S especially to Mexico in a bid to circumvent high taxes. 

2)  Plan to curtail Chinese Trade: If there is anyone Trump has lambasted more than Clinton during his campaign, it is China. The Republican candidate has threatened to label China as a currency manipulator. He has called for imposing higher tariffs on Chinese goods, initiate litigation against China for stealing American trade secrets and bring trade cases against China at the World Trade Organisation (WTO) to force it to cut down its trade subsidies. 

3) Cutting Down Immigration: Trump has at been at his radical worst while talking about immigration. His attacks have been directed towards the Mexicans, with Trump advocating building a wall along the border and making the Mexicans pay for it.

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