Trump as President: What it means for India-US trade relations
The Dollar Business Shattering global expectations and quite contradictory to earlier predictions, Donald Trump on Wednesday won the US President Election 2016, a much keenly observed event, which many economists and market analysts projected, has left the global trade and economy on an uncertain path. The Republican nominee and soon-to-be sworn as the American President nearly decimated his opposition and Democratic Presidential candidate Hillary Clinton, and registered a victory despite series of controversies; all emanating from his surreal ideologies that drew criticism from his extreme trade policies, racist and sexist comments, and anti-Muslim and anti-Mexican speeches. From the time when the voting count began till the result was announced, the global financial markets continued to remain on edge, as the European stock market ...
India, US for high-level bilateral investment treaty
The Dollar Business Bureau India and the United States are likely to enter into a high-level Bilateral Investment Treaty (BIT) aimed at creating ‘ease of doing business’ environment in India. This was informed by Richard Verma, US Ambassador to India, in his address at the annual general meeting of the American Chamber of Commerce (ACHAM). “We are working on a high-level BIT to make sure that any such treaty is of very high quality,” said the US Ambassador in his address. Both sides are working very hard towards the assessment of the high-level BIT in boosting the investors’ confidence, he added. And, the newly reconstituted strategic and the commercial dialogue is expected to be held in Washington soon, he informed. ...
