There has been significant geopolitical churning in Asia—as in other parts of the world—in the aftermath of the tariffs imposed by US President Donald Trump. In the case of India, Trump has imposed an additional 25% tariff on India for the purchase of Russian oil—despite sanctions imposed by the US on Russia in the aftermath of the Russia-Ukraine war.
More recently, the Trump administration raised the H-1B Visa fees to $100,000—this decision is likely to impact both Indian Information Technology (IT) professionals and several Indian IT companies. An estimated 70% of H-1B visa recipients in 2024 were Indian nationals. Several Indian IT companies, including Tata Consultancy Services (TCS) and Infosys, have also benefitted significantly from the H-1B program.
Reset in India-China ties in recent months
A reset in India-China ties—impacted temporarily by China’s…
