Yes we are now ripping India off ! That is exactly what Trump meant !
Capital, Investments are now flowing from Global South to Global North ! It’s Bizarre but its happening folks ! America is draining sucking India like a blood bag 🩸!
America is Draining capital from India, targeting its Capital surplus, Trade Surplus, Foreign Exchange and aim to make it captive buyer of US Energy & Defence, Technology supply chains as a vassal state.
So that America could re-industrialise, gain strength at cost of India’s growth. Same is happening to Japan, Korea & even Europe but then those are developed countries while India is not.
Its called Predatory Economics ! America has just flipped the whole thing on its head and it has been met with meek resistance from Indian Elite be it political or corporate.
They are more than willing to honour new Terms & Conditions imposed by Washington to protect their businesses, profit lines, leverage & power !
President Trump: “For years, India took advantage of the United States... They charged us tremendous tariffs and paid nothing... Now it is the exact reverse and we are making a lot of money with India.”