Dhiraj Nayyar (@nayyardhiraj) 's Twitter Profile
Dhiraj Nayyar

@nayyardhiraj

Director, Economics & Policy @Vedanta_Group I Columnist @EconomicTimes I Former Head, Economics, Finance & Commerce, @NITIAayog.
Views are personal

ID: 1165206254

calendar_today10-02-2013 07:28:05

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The two largest economies in the world are now in a trade war, as China imposes retaliatory tariffs of 34% on the US. This will not end well for the world economy.

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US consumers have been the biggest beneficiaries of free trade. They will be the biggest losers from universal tariffs. American multinational corporations with global manufacturing bases will be the next biggest losers. #TrumpTariffs

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Trump tariffs are the 4th major shock to the Indian economy in Modi"s tenure. Demonstration, GST, Pandemic were the first three. Each brought pain, but India bounced back.

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"I used to think that if there was reincarnation, I wanted to come back as the President or the Pope or as a .400 baseball hitter. But now I would want to come back as the bond market. You can intimidate everybody.โ€ - James Carville, Chief Strategist to Bill Clinton 3 decades ago

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Terrorists launched an attack that killed dozens of Indian citizens. India had every right to retaliate and defend itself. Pakistan does not get to play the victim. No country gets a pass for supporting terrorist activity.

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India avenged the killings of 26 innocent tourists by targetting terrorists. Pakistan trying to avenge the killing of not-so-innocent terrorists by targetting Indian military. There is no equivalence. There is only one rogue nation.

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End of the conflict. India made its point to Pakistan and the rest of the world by destroying terrorist infrastructure in Pakistan in response to Pahalgam. There is zero tolerance for terror. It will be responded to every time.

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If Pakistan is violating ceasefire, they risk the wrath of not just India but the US too. Is there a difference of views within Pakistan establishment?

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Once upon a time, until the 80s, Pakistan had a higher per capita income than India and China. Since then, India & China liberalized their economies and made great advances. Pakistan liberalized its terror factories and descended into a structurally failed economy.

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After some brutal weeks, are the stars aligned for de-escalation? India-Pakistan yesterday US-China today Russia-Ukraine Thursday?

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Agree. Ali Khan Ali Khan Mahmudabad didn't say anything remotely criminal. The police should really stop arresting people for their views, opinions or jokes. People are free to disagree, debate or even disengage.

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In India, Field Marshal is an appointment for life but non executive. Is Gen Munir being kicked up or is he going to run the Pak Army for life? Given that its Pakistan, hard to say.

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Double spending on defence, Double expenditure on R&D, cut natural resources imports by 50%. Chasing these targets will help India boost growth, create jobs and secure itself in a tricky global environment.

Double spending on defence, Double expenditure on R&D, cut natural resources imports by 50%. Chasing these targets will help India boost growth, create jobs and secure itself in a tricky global environment.