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Music happens An enemy’s enemy is a friend Strengthen the base... Editor's Says A C Muthiah – his munificent bequeaths to science Nuclear power at the nucleus EVM is tamper-proof TIAM turns a full cycle He continues the focus on social amelioration Why this malaise in medical education? CRS, a jewel among managers, is no more. A glass full of corruption Funding the un-funded Five star activism stalls development activity Padma Bhushan for A Ramakrishna For whom the MIDS bell tolls? A rich pool of talent not utilised…. Fall in crude prices help in oil sector reform S Ramanathan – a versatile musician, musicologist Parliament in paralysis... 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Russi Mody – a tribute Delhi returns to BJP Vibrant Gujarat A proud Madrasi Pharma – overdose of copying Air Asia India will set new benchmarks for budget travel MHC should not return to its old indisciplined ways Quality education through the PPP mode SoA @ 80 The brown list of Venkitaramanan A welcome initiative by the judiciary Like Hinduism: many paths to reach God... More tributes to GR Making ‘my Amaravati’... R Sridhar steps down as CEO of Shriram Capital Fortune 500 review Cement prices continue to rise… TGS- The king storyteller Haul over the coal Streamlining mandatory third party cover Convulsions in The Hindu Airlines in India: cost and space Quality silica from Neyveli Moily’s bold thrust Cutting the nose to spite the face Welcome GST F C Kohli - his concerns all embracing L&T: focus on infrastructure and more infrastructure… Put expensive assets created to use... 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The Swadeshi Trump

Donald Trump won the US Presidential election 2016 on a major promise to protect jobs for the locals and to arrest unchecked migration. This has the potential to end decades of the US economy built on free market. While this did a lot of good for world trade, it resulted in the US losing out. 

While the continuous boom years post-1980s helped the US economy record multi-faceted growth, it also witnessed the US losing its pre-eminence in several sectors including agriculture. European countries followed by Japan and Korea, Mexico and several other Latin American countries, China and India in the recent two decades, have been thriving on this open market policy of the US. The economic giant, which encouraged migration, has been recording negative trade balances with an increasing number of countries and has been sustained on huge public debt. The saving grace has been its continued dominance in high technology areas thanks to its strong educational system, entrepreneurship, drive towards energy self-sufficiency and space technology. But all the while the US has been losing on its traditional strength of manufacturing. These did impact on jobs especially at the lower end.

Donald Trump focused on this factor to win the presidency. Even before he assumed power, he has given a rude shock to several countries across the globe by announcing several drastic measures like constructing a wall across Mexico, its southern neighbour and high import tariffs on automobiles and other imports.

Over the last couple of decades large super markets across the US have been stacked with imported goods, largely Chinese, of every description. China has built its economy on exports in large volumes especially to the US and surely it will also be on the firing line of Donald Trump. To be fair to Trump, one should point to several countries including highly developed ones like Japan and fast developing ones like China and India erecting huge walls against free imports. Therefore they cannot protest overmuch.

The evolution of the European Community through free economic union over the last seven decades has been the driving force in ending centuries of nationalism-based, cross border animosities. Today there is the danger of the world reverting to the pre World War II conflicts among nation states.


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