Projecting the US as the greatest victim of India in trade is complete baloney. The fact is:
The US deficit with China is $270 billion, with the EU $161 billion, with Mexico $157 billion, with Vietnam $113.1 billion, with Taiwan $67.4 billion, with Japan $62.6 billion, with South Korea $60.2 billion, with Canada $54.8 billion, with Thailand $41.5 billion, and with India $41.5 billion.
Now, let's look at US-India trade.
India-US trade in services was about $83.4 billion, with US services exports to India at $41.8 billion and US imports from India at $41.6 billion.
Total disaster? Let's look at that too.
India-US defense trade was virtually nil in 2000. It has touched a total of almost $22 billion in 2024.
Why this whining then by the USA?
The claim that we have offered to reduce our tariffs to nothing is true for some products, but our red lines are firm. Unfortunately, US officials are being economical with the truth!
By the way, as of now I am not talking about USA-Russia trade, which is around $4.57 billion. While India trades with Russia in Indian Rupees, the USA trades in dollars. Russia's exports to Europe were $85 billion in 2023, and Russia is the 3rd largest trading partner for Europe, but the bad guy is supposed to be India?
US debt:
$250 billion in U.S. Treasury securities is held by India, making it the 12th largest foreign holder of the US government securities. This is as of 2024, and the figure would have gone up in 2025.
Job creation in the USA:
Indian companies have created about 425,000 direct jobs in the United States as of 2023, according to a survey by the Confederation of Indian Industry (CII). These jobs span all 50 states, with the highest concentrations in Texas (20,906 jobs), New York (19,162 jobs), New Jersey (17,713 jobs), Washington (14,525 jobs), Florida, and California. Indian firms have invested more than $40 billion in the US across various sectors including IT services, pharmaceuticals, manufacturing, and healthcare.
Frankly, under the current administration, I think it is best to keep away from the USA because we can be sure we will not be treated fairly. Let's think about good terms after Trump's term is over. In the meantime, work on cutting access to US companies and build the equivalent of Facebook, X, Google here. The best way is to ban them and only allow Indian equivalents like China has done. Move away from the US dollar as the reserve currency. Remove the Ford Foundation and US-backed NGOs, which will be used by the USA for regime change operations like they have done in Bangladesh and Pakistan. Remember, only 3 years, 9 months, 2 weeks, and 1 day of the Trump regime are left. Use that time to tie up with Russia, go for joint development of aircraft and other military hardware. After all, Russia has always helped India since 1947, and when the USA sent the 7th fleet against us in 1971, it was Russia that stopped them. Otherwise, the Americans wanted to attack India. Nothing to worry about. Stop dependence on the USA; in any case, the USA never helps its allies. So, it is better not to be too friendly with them. A nation has interests, not friends.