From The Morung Express
CenterUrgency of a trade deal with US fades for India with midterm outcome: Report
What's behind this
The recent US midterm elections have turned the Trump administration into a ‘lame‑duck’ as the Republican Party lost control of Congress, prompting a Democrats‑powered House. Trade journalist D Ravi Kanth says the new Congress is likely to scrutinise Trump’s trade tariffs, slow India‑US trade talks and ease the harsh H‑1B immigration rules. In financial markets, the loss has affected global bond yields: falling crude oil prices and easing borrowing concerns have pushed yields lower in India and overseas. Indian investors are now considering how to respond to the lower yields.
AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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left · 2 outlets
Trade and geopolitical experts say that losing control of the U.S. Congress will push President Donald Trump to increase tariff pressure on India to seal a deal. Indian negotiators, for their part, will smell an opportunity
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center · 2 outlets
New Delhi, November 5 (IANS) With the US midterm election outcome that ended unified Republican control of Congress, the urgency of a trade deal with the US has faded for India, which is a positive sign, a new report showed on Thursday.The 18 per cent US tariff framework rate was never implemented…
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right · 2 outlets
Donald Trump's restrictive immigration policies, H-1B visa crackdown and confrontational trade approach towards India are back in focus after the Republican Party suffered a major setback in the midterm elections . Specifically, the victories of Indian-American Democrats over several Republicans…
— India TV
RSS excerpt
New Delhi, November 5 (IANS) With the US midterm election outcome that ended unified Republican control of Congress, the urgency of a trade deal with the US has faded for India, which is a positive sign, a new report showed on Thursday.The 18 per cent US tariff framework rate was never implemented…
