Trump’s Trade War Casts Shadow on Indo-US Tech Partnership
The escalating trade tensions sparked by former US President Trump’s tariffs and penalties are casting a long shadow over crucial technological collaborations between India and the United States. Key sectors are facing significant uncertainty.
The impact is particularly pronounced in high-stakes areas like the development of advanced fighter jet engines. Joint ventures and technology transfers are now in jeopardy, potentially impacting India’s defence preparedness.
Semiconductor manufacturing and AI infrastructure development projects are also feeling the heat. Billions of dollars in planned investments are hanging in the balance, threatening future growth in these vital sectors.
The pharmaceutical industry, a cornerstone of both economies, is facing similar disruptions. The uncertainty surrounding trade relations could hamper crucial research collaborations and the supply of essential medicines.
Despite existing partnerships and substantial investments, the future of these collaborative projects remains shrouded in doubt. This uncertainty underscores the need for swift diplomatic intervention to mitigate the damage and safeguard vital bilateral interests. The implications for India’s economic growth and national security are significant and demand immediate attention.
