India actually feels like it has won! As long as its conditions are better than Pakistan's, India considers itself the winner! The tariff issue between the US and India has been resolved. In our view, this is clearly India's submission to the US. The US reduced the tariff from 25% to 18%, and canceled the punitive 25% in exchange for India stopping the purchase of Russian oil. India also needs to reduce tariffs on US goods to zero and purchase more than $500 billion worth of American goods, etc. But how does India see this deal at home?

Firstly, India believes it has won. Why? It's very straightforward: the new tariff is lower than that of Pakistan. India's tariff is 18%, which is lower than Pakistan's 19%. Secondly, India sees this as a symbol of US-India cooperation. Jacob Hurburg, the Indian Under Secretary, said that the successful conclusion of this agreement actually created many positive driving forces for deepening India's industrial cooperation. He also believed that the US and India have complementary strengths. The two countries can jointly create technology and develop solutions that benefit the world.

Thirdly, according to Modi, the two countries have ended their differences and gained friendship. Prime Minister Modi himself stated that he was delighted to see the tariff on Indian-made products being reduced to 18%. I sincerely thank President Trump for this encouraging announcement on behalf of 1.4 billion Indians. Modi said that when two large economies and the world's largest democracy work together, it will benefit our people and unleash huge opportunities for mutually beneficial cooperation.

Evidently, if we were to get such tariff conditions, we would never thank Trump, let alone consider ourselves the winner. Of course, ultimately, India's acceptance of these terms only indicates one thing: facing the US, India doesn't have substantial leverage, so it has no choice but to make significant concessions. Modi obviously must account for this domestically. If India could claim victory in the 57-air combat, then winning again in the tariff war is nothing unusual!

Original: toutiao.com/article/1856064600088587/

Statement: This article represents the views of the author.