Impact of US elections
The United States generates 20% of the world income
United States dominates world in terms of economy. United States own 50% of the world biggest brands when its comes to valuation.
Currently Unites States recover from Covid-19 and the way government manage country's economy and business is clearly unbelievable. Any bad disicion taken by US government will directly affect world's economy. Trading between India and US has come far better in Trump government. Apple will establish manufacturing plant in India, and that's a great news for India.
In 2019-2020 total estimate value of the bilateral trade between India and USA stood at approx $90 BillionWho wants to stands against US. Trading between US and India is higher than many small countries. United States has new President on its way, now the point is How biden government will continue excellency of US aura. If he will fail to do so then in this pandemic situation that will become major fall down of United States's hystory. Donald Trump and his government did something great work but may be citizens of United States won't got it or his decision wouldn't be favour of US Citizens. But we must be admit that Donald Trump managed Covid-19 situation in United States extremely well.
If Trump re-elected, he is likely to continue the trade war with China which may stanley affect India
As the manufacturing hub is likely to be shifted to India
Apart from that, Donald Trump has good relations with India and Our Prime Minister Narendra Modi
At the other hand, Joe Biden has hinted at putting an end to the ongoing tariff war with China
So global Investors may have to wait and watch the decision taken by the Biden Government.
If there isn't a clear winner then the market are likely to see to many downfall due to uncertainty
As the manufacturing hub is likely to be shifted to India
Apart from that, Donald Trump has good relations with India and Our Prime Minister Narendra Modi
At the other hand, Joe Biden has hinted at putting an end to the ongoing tariff war with China
So global Investors may have to wait and watch the decision taken by the Biden Government.
If there isn't a clear winner then the market are likely to see to many downfall due to uncertainty
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