It is reported that Trump recently expressed his dissatisfaction with the moves of Indian Prime Minister Narendra Modi due to his tendency towards the growth of New Delhi's partnership with Russia and France at the expense of American interests and the incursion of Indian companies into American markets While Trump's move coincides with the Indian elections to weaken Modi's position in the face of political rivalry while reviewing his economic achievements as canceling trade concessions initially affects his Indian exports by about $ 190 million annually, this is not India's threat to impose reciprocal fees on imports. American agricultural commodities, iron, steel, and aluminum
On the other hand, members of the American Senate warned against the danger of ending the system of trade concessions with New Delhi before May 23, the date of the announcement of the results of the general elections in India for fear of increasing the cost to the American consumer by increasing the costs of Indian exports and also damaging the projects SMEs in India have a good relationship with their American counterparts, especially in electronics
It is mentioned that Trump's potential move comes in a negative timing for the Indian economy, whose GDP has grown by more than ten times during the last twenty years, from $ 299 billion in 1989 to about $ 2970 billion during 2019, after achieving a ratio of about 6.6%, away from optimistic expectations for growth to 7.2%
