https://sg.finance.yahoo.com/news/trump-says-plans-end-indias-preferential-trade-treatment-000258315--finance.html
This is not the first time that the USA backstabbed India and it won't be the last.
http://sg-stock.blogspot.com/2018/03/india-has-to-pay-much-higher-price-to.html
Let's see how much the India will tolerate before it realizes the USA is a non-trustworthy partner.
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2 comments:
Never mind ... use any price weakness to load up on India stocks. Indian equities will soar & do much better than Greater China over the next 20-30 years.
India is unlikely to do better than China over the next 20-30 years because it is planting a seed of economic chaos for its seemingly well growth.
India is accumulating 3 deficits in spite of its 7% economic growth while China is accumulating huge reserves. There is a big difference between India and China in economic growth.
http://sg-stock.blogspot.com/2018/03/indias-economic-growth-rises-to-72-with.html
No country can grow with 3 deficits without any economic problem. The day of reckoning will come one day!
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