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US Presidential Election: Voting is going on in America for the election of the 47th President, on which the whole world is keeping an eye. There is a contest between Donald Trump and Kamala Harris in this election. Then this election is very important for a country like India. In such a situation, let us try to know whose victory in America will benefit India and whose victory can cause loss to India?
Indian-origin Kamala Harris's mother Shyamala Gopalan is from Tamil Nadu, while her father is from Jamaica. His parents met in America, after which they married. However, both of them later got divorced. It is noteworthy that Kamala Harris has visited her grandmother's house in Chennai several times with her mother.
Kamala Harris did not have chemistry with PM Modi
As the Vice President of America, Kamala Harris has not said anything specific on the Indian issue. Even when he met Kamala Harris during Prime Minister Narendra Modi's visit, there was no good chemistry with him. At the same time, the administration of US President Joe Biden is making statements against India on many domestic issues. American ministers have often raised questions about democracy, minorities and human rights in India.
He gave a controversial statement on Kashmir
The most important thing is that Kamala Harris has given a controversial statement regarding Kashmir. In 2019, when India abrogated Article 370 of the Constitution to end the special status of Jammu and Kashmir, Kamala Harris said Kashmiris needed to be reminded that they are not alone in the world. We will have to intervene if necessary.
Energy sector and immigration issues can help
Kamala Harris is in favor of promoting non-conventional sources of energy i.e. renewable energy and India is also continuously moving in this direction and has set an ambitious target. In such a situation, India hopes that for this it can get advanced technical help from America. Also, from the business point of view, Kamala Harris's victory can bring stability in the Indian market.
Moreover, if Kamala Harris wins, she will have the problem of vice-presidential candidate Tim Walz, who is soft on China. She also has relations with China but Kamala can support India on the issue of immigration. The Indian IT sector will benefit from this. Either way, Democratic governments in the US are doing better for H-1B visas.
India may benefit from Trump's strictness against China
As far as Donald Trump is concerned, the Indian Prime Minister's relations with him have been good during his first term. Whenever he has met Prime Minister Modi, he has met with great enthusiasm. He has also praised Prime Minister Modi many times and has been calling him his friend. If Trump becomes President, there will be a possibility of opening doors for Indian IT companies, because he has been adopting a strict policy towards China in trade.
Therefore they can end China's Most Favored Nation status. With Trump's arrival, America's dependence on China will reduce, which will benefit India.
No interference in India's matter
Experts on foreign affairs also know that if faced with Biden, Trump will interfere less in India's internal affairs. At the same time, the Biden government commented on the arrest of Delhi Chief Minister Arvind Kejriwal on corruption charges. However, India rejected this. Apart from this, with the arrival of Trump, the Russia-Ukraine war can also be stopped with the help of India.
Trump has already said that 'if I win, I will stop the war.' This issue is also in favor of India. Both Ukraine and Russia are important allies of India. Russia is a friend of India and hence stability there is important for India also.
India can also benefit in this way
Market experts are saying one thing that if Trump becomes the President, along with interest rates, global gold prices and the US dollar may strengthen. Apart from this, the prices of crude oil may also come down. India will directly benefit from falling oil prices. However, the strength of the dollar will definitely affect the foreign exchange reserves. According to experts, if Harris wins, the market will move as per previous predictions. This could lower interest rates and stabilize the US dollar.