Comments by "Raju" (@rajx7120) on "‘Past tariff strategies of US to contain Chinese imports totally failed, Trump is now recalibrating’" video.

  1. Rupee depreciation will offset impact of tariffs. Time to stop controlling exchange rate, and cut interest rates. New RBI gov already taking step in that direction.
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  2. Rupee depreciation will offset impact of tariffs. Time to stop controlling exchange rate, and cut interest rates. New RBI gov already taking step in that direction.
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  3. Rupee depreciation will offset impact of tariffs. Time to stop controlling exchange rate, and cut interest rates. New RBI gov already taking step in that direction.
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  4.  @Prjeethunter  It won't. And govt can cut taxes on petrol. And growth will compensate for it.
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  5. @Prjeethunter  Petrol taxes are not big contributor to govt revenue. Centre collects only 2.8-3 lakh crore. Direct taxes - personal and corporate are 22 lakh crore. So, govt spending will not be hurt. Some subsidies need to be corrected. Growth is more important, right now. Rate cuts are necessary for growth. As long as trade deficit doesn't increase, we should not worry much. So, this year, instead of relying on govt spending, better to encourage exports and domestic growth. The bigger worry is the new sanction on Russia. Our cheap oil bargain is getting hurt. We need to arrange other sources or routes.
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  6. @Prjeethunter  Govt can't keep doing heavy lifting. Private investment needs to be incentivized and that needs rate cuts. Even consumption will improve.
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