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India-US Trade deal is done , tariffs reduced from 50% to 18% !!!


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Posted
11 minutes ago, randomGuy said:

Gift nifty at 26250, arnd 1150 points above yesterday close....is this such a big deal that even EU FTA wasn't anything in comparison? Probably has a big component of short covering expectation?

Velu & his gang may be contributing 500pts

Posted

Trade deal timing just after the stt increase to trap short sellers.  People still don't get how the big guns trap the public.  News is engineered to fool the masses irrespective of the area it covers.  

Posted
9 minutes ago, Nonbeliever said:

Trade deal timing just after the stt increase to trap short sellers.  People still don't get how the big guns trap the public.  News is engineered to fool the masses irrespective of the area it covers.  

STT increase is from April 1 (next FY) ... Don't understand the correlation 

Posted
3 minutes ago, vvvslaxman said:

Basically Trump decides where India should buy things lol

Deal is to reduce tariffs on Indian exports to a lower value and India may decide to reciprocate for things it buys from US. Its not one way street.

Posted
9 minutes ago, diga said:

Deal is to reduce tariffs on Indian exports to a lower value and India may decide to reciprocate for things it buys from US. Its not one way street.

 

Yea.. Not like Modi had a choice.

Posted

I'd wait for an actual Indian statement before calling it a W or a L.  Can't trust Organtua and his minions.  Anand needs to take a chill pill for once.

 

Posted
2 hours ago, Lone Wolf said:

Okay scratch that... This is going to be messy

 

How US exports are going to be cheaper than India made products?

Posted

 

16 minutes ago, rkt.india said:

How US exports are going to be cheaper than India made products?

US exports of farm products may be cheaper due to the size of their farms .. Processed foods like ketchup & juices are cheaper than Indian variants I think 

Posted

A long term disastrous deal and According to media this is a historical deal.  Bhakts celebrating as if eleventh incarnation of vishnuji has achieved what no other could have achieved.

 

This country's brain dead public can be told any story that does not hurt their egos.  it took them 70 years to understand Congress and now will take another 20-30 years to understand BJP.

 

Maybe In 10-20 years they will understand that both parties were woking for the same masters. but don't worry till that time we will have third alternative ready created by the same masters.

Posted
6 minutes ago, Nonbeliever said:

A long term disastrous deal and According to media this is a historical deal.  Bhakts celebrating as if eleventh incarnation of vishnuji has achieved what no other could have achieved.

 

This country's brain dead public can be told any story that does not hurt their egos.  it took them 70 years to understand Congress and now will take another 20-30 years to understand BJP.

 

Maybe In 10-20 years they will understand that both parties were woking for the same masters. but don't worry till that time we will have third alternative ready created by the same masters.

 

Would be good to add one or two facts

Posted
43 minutes ago, rkt.india said:

How US exports are going to be cheaper than India made products?

Samosa made of great American idaho potatoes fried in patriotic Adani Wilmar oil will light up vishwaguru summer. MAGA orange juice from florida  in evening during ipl is an icing on cake.

 

In short hisab chukta policy on Farmers.

Posted
3 minutes ago, Lone Wolf said:

Samosa made of great American idaho potatoes fried in patriotic Adani Wilmar oil will light up vishwaguru summer. MAGA orange juice from florida  in evening during ipl is an icing on cake.

 

In short hisab chukta policy on Farmers.

 

Thats fake news.

 

 

Posted
1 minute ago, rangeelaraja said:

 

Thats fake news.

 

 

Not official yet... Let's wait.  Though I am certain that they won't do a political suicide by agreeing with what Trump and his minions are saying.

They must have found a middle ground somewhere.

Posted
4 minutes ago, Lone Wolf said:

Not official yet... Let's wait.  Though I am certain that they won't do a political suicide by agreeing with what Trump and his minions are saying.

They must have found a middle ground somewhere.

 

 

 

Posted
3 hours ago, Lone Wolf said:

I'd wait for an actual Indian statement before calling it a W or a L.  Can't trust Organtua and his minions.  Anand needs to take a chill pill for once.

 

Think i know a thing or two on Russian oil and Venezuelaan oil. Only few Russian oil companies are sanctioned. Ambanis refinery in Jamnagar is now dedicated to Venezuelaan oil. Rest of capacity of refining  can and will buy non sanctioned Russian oil. 
Point that must be clear to everyone is that its 4 Russian companies that are sanctioned. No side US India Russia is going to drumbeat above arrangement.

 

Posted
10 minutes ago, mishra said:

Think i know a thing or two on Russian oil and Venezuelaan oil. Only few Russian oil companies are sanctioned. Ambanis refinery in Jamnagar is now dedicated to Venezuelaan oil. Rest of capacity of refining  can and will buy non sanctioned Russian oil. 
Point that must be clear to everyone is that its 4 Russian companies that are sanctioned. No side US India Russia is going to drumbeat above arrangement.

 

 

 

I also think Venezuelan oil will come cheaper than Russian oil - to offset much greater shipping time/distance  ( and therefore cost ) and longer refining process.

 

Hope GoI ensures that prices remain stable or trend downwards for households and cap the profit on Reliance.  Am sure they can do it if they want to.

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