WHY INDIA NEEDS TO WORRY
HIGHER TARIFFS ON CHINESE STEEL and aluminium mean excess supply in global market, price crash, dumping of steel in growing markets such as India.
RETALIATORY ACTION BY MAJOR TRADE PARTNERS of the US by increasing tariffs and entry barriers will create problems for Indian exporters, unless special exemptions are granted
INDIA WILL BE COMPELLED TO SPEED UP bilateral trade pacts, may have to dilute stand on several issues, including intellectual property, agriculture, e-commerce, to get favourable results in other areas
COMPULSION TO REDUCE TRADE DEFICIT means allowing more US imports, irrespective of the impact on local industries
STRICTER VISA RULES TO POSE a challenge to Indian IT outsourcing companies