What is at stake for India in the US Elections?
With great power comes great responsibility. This iconic quote by Uncle Ben from the Spiderman universe is applicable in most cases. Today we want to talk about how it's applicable in the case of the USA. Everyone (*cough*big brother*cough*) is waiting with bated breath on the final verdict. Who will become the new President of the United States of America? Well, we'll know as soon as the results are declared. Meanwhile, let's talk about the USA and India. How does it matter to us who becomes the President of the USA? Honestly, it doesn't. To us Indians, irrespective of who is President, we are still looking for the same stuff - more room for ourselves in the world! Keeping in mind the much-publicized Modi-Trump friendship, this might sound strange. Read this article to get a download on just why to us here at home, a new US president matters not. Or glance through our synopsis below!
So why does this matter to you, the MBA student?
Well for starters, no matter what career you plan to get into, this topic combines trade, economics, politics, and psychology that affects the globe. Which means it's one of those evergreen GD topics. Further still, whether you're planning to get into finance, marketing, consulting, or operations, knowing the facts is much more important than speculation!
So here's the thing. Trump led America has been folding in on itself. The focus is on "Make America Great Again." But the problem with this is that the Trump administration managed to pull out of various landmark global pacts and deals. Under the Trump administration, the US walked out of the Paris climate accord, torpedoed the Iran nuclear deal, bought up Covid vaccines in the making for its own citizens, and walked out of the World Health Organisation instead of strengthening its program for equitable global access to vaccines, prosecuted a trade war that derailed global growth, we are reminded of Uncle Ben's quote mentioned above. Let's not even discuss the topic of climate change here! Then there's China. America's anti-China stand is pretty radical. The only problem is, all of this highlights how the USA seems to be closing in on itself, leaving a bit of a vacuum on the international stage.
But wait, we are looking at this from the India lens. As a nation, when it comes to foreign policy & trade, India wants more room for ourselves too! For instance, currently, we are forced to import liquefied natural gas from the USA, instead of Iran, which is located much closer home. Not to mention India's policy against Pakistan which is vetoed by China at every global summit. So as a nation, our priority is to gain more maneuvering room. An economy like India has the potential to be an aware, kind, and empathetic world power, a space until recently occupied by the USA. But that's for later. First, we need to see who will be the new leader of the American dream and how he will shape it!
These policies and these rules though are the ones that are subject to change depending on a new American administration. So, while it doesn't really matter who ends up becoming the Prez, as Indians it's these international aspects that'll affect us!
What do you think? Do you think a new President in the White House will make a difference to world politics and foreign policy in a significant way? Share your thoughts, opinions, and conjectures in the comments section below!
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