💨 Abstract

The article discusses a report by Philip Capital that suggests India may face challenges due to higher tariffs and immigration restrictions under a second term of Donald Trump's presidency, particularly affecting Indian IT firms and EV components. However, the report also highlights potential benefits, such as increased opportunities for India as a trade partner, positive impact on oil refiners and gas utilities, and accelerated US-India defense cooperation.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖