PRESIDENT TRUMPS”S DECLARATIONS ABOUT TARIFFS ETC HOW MUCH IT WILL AFFECT INTERNAL SITUATION IN USA REGARDING TO INCREASE PRODUCTION, REDUCE INFLATION, REDUCE INCOME TAX AND REGULATE WORLD TRADE AND POLITICAL SITUATION ETC. 1. AS FOR TARIFFS ARE CONCERNED, pause for 3 months has been announced whereby each country will take time to reflect as to how much its own industries will be affected and how their export will also be affected. It is the right approach and as such each country will reconcile to the changed situation and will possibly try to explore more markets to fill in the loss. In reciprocal arrangement, USA will also certainly decide to reduce the amount of tariffs declared in order to avoid inflation and also to keep functional and political consideration in mind. HENCE NEGOTIAIONS WILL SOLVE THIS PROBLEM WHEREIN RECIPROSITY WILL REMAIN THE CONSIDERATION WITH REGARD TO IMPORT AND EXPORT OF HCONCERNED COUNTRY WILL BE AFFECTED. Exception however exists and will exist in retaliation with countries like China, Russia, Iran, North Korea ect. to choose whether to go into war or accept reconciliation. 2. MANUFACTURING IN USA TO INCREASE; There is no doubt. Through DODGE installation of factories will find it very attractive in contrast to most of the developing countries where there are enormous and unsurmountable difficulties entrepreneurs have to face running from state and central rules and regulations with regard to permissions, land acquisition, labour laws etc. etc. No income tax and/or reduced income tax could be additional incentive to attract more and more industries. In addition restrictions by USA not to install factories in certain countries will also force the entrepreneurs to install their factories in USA. 3. It is evident that INFLATION might increase for some time which could possibly become tolerant on account of increase in employment, implementation of immigration laws, deportation of illegal persons, reduction of social service charges due to above measures etc. 4. REDUCTION IN UNEMPLOYMENT; deportation of illegal and unwanted persons, bringing in more industries to be installed in USA, tariff balancing resulting in more exports, less imports or balanced imports will undoubtedly create more employment. ALL SUCH. THE PRESENT THINKING IS IN THE RIGHT DIRECTION, WITHDRAWING AID FROM WORLD ORGANISATIONS LIKE WTO, RECIPROCAL TARIFF DECISIONS AND IMPLEMENTATIONS ETC. AS FOR POLITICAL DECLARATIONS ARE CONCERNED, I SHAL ADDRESS THIS ISSUE IN THE NEXT WRITEUP. VASDEVLOOND