Waitamminit. I thought the tariffs were supposed to kill the economies of our trading partners!!
Ah, only the parasitic Indian companies that sell Tech companies Indian H1B slaves are getting hurt. Yeah, that makes sense. Kinda when the Brits ended the transAtlantic slave trade it was the West African slavers that got hurt.
The tariffs were on goods, not services.In any case, the largest users now of H1B are American companies who shift some of their Indian staff to the US.
Indian exports to the US are sharply down because of the tariffs but there has been some diversion of exports away from the US to other places mitigating some of the losses. India’s economy though is internal consumption driven, not exports driven unlike many other US trade partners. Internal consumption has been robust which accounts for the GDP growth.
Total trade with the US accounts for less than 2% of India’s GDP which is why you haven’t seen India rush in to make a trade deal on US terms. A trade deal is likely soon but it will be on more equal terms than many others have got.