Our Speaker Atul Singh’s view on the implications of Donald Trump’s victory on India

Donald Trump’s victory is historic. It marks an end to the free trade era of the US that has been the bipartisan consensus since 1945. Now, protectionism is the order of the day. As a result, export-oriented economies like Mexico and China will suffer. The Indian economy is unlikely to be affected greatly because it exports relatively little but information technology companies might suffer. 

Trump is taking a strong stance on immigration. This will not only affect Mexicans crossing the border to mow lawns or pick strawberries but also Indians who fly in to do software programming or data management. Apart from law and policy, the change in culture will affect the openness of the US. People might be less willing to outsource going forward and discrimination is likely to increase not only against Hispanics, but also South Asians.

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