The F35 deal is an investment in a black hole, that India is expected to bear to the tune of US$2 trillion in maintenance costs over the lifespan of those overpriced jets. Wonder how much Singapore had to pay for maintenance of those jets parked in the USA. Must be astronomical.
India is moving back to buying its military equipment from Russia, a slap on the face of Trump. India had been threatened for buying Russian oil which resulted in the increase tariffs. Now Trump is beginning to realize that not all threats are beneficial. Even close allies and lapdogs like India are starting to rebel against. Now India can continue to buy Russian energy without fear, something that India cannot realistically do without.
India's export to the USA at US$80 billion in 2024 is not that big a number and can easily be covered by the Global South countries. 25% tariff on that import from India reaps a mere US$6 billion for Trump. Worth it or not to lose out on a multi-billion F35 deal instead? So much for Trump's 'Art of the Deal' winnings.
By the way, all those tariff negotiation deals are not yet signed into agreements as yet as reported by sources. Who else is going to freak out?
Anonymous
4 comments:
Two things that came to my mind when India negotiated its tariff agreement with the USA. How is India going to be forced to import USA rice that will put its rice farmers out of business? The second question I had to ask was how is India going to do without Russian oil? Trump said that he is punishing India with a 25% tariff for buying Russian oil, thus supporting the Russian economy and its war funding.
Now India is not even buying USA's F35 fighter jets and reverting to buying Russian military equipment, a real slap on the face of Trump. India is not opening up the Indian agricultural sector as well by allowing USA rice into the country to kill off its farmers. Of course, Trump can never force India to buy its contaminated beef stuffed with growth hormones, that Hindus are forbidden to consume on religious grounds.
As I said earlier, India's future lies with BRICS and it is time for India to think rationally, instead of being used by the USA to stifle the growth of BRICS. If India sees and realizes that its future is tied to BRICS, that will be a great win for BRICS as well and Trump will be hopping mad and facing de-dollarization on an even faster trajectory.
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https://youtu.be/yWAT_3bG0o8?si=gCL73vuX4XqKdHiB
India cancelled the F Jets? Real F words as the UAssA also cannot make without China's Rare Earth!
Some more by Boeing and Lockheed ah?
Boeing aka BohEng and Lockheed already Lockhead !
Sure in combat brought down by China's J Fighters!
Cheers
Boeing planes are having problem almost every other day. Collapsing landing gears, smoke in cabins, engine cut off suddenly. Does shortage of rare earth have anything to do with all those problems? This is interesting.
Trump is 'Making India Great Again' (MIGA) LOL. India is 'Making America Go Away' (MAGA). MIGA is becoming the new MAGA. Oops.
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