US 100-Day Reviews under Executives Order 14017: A Critical Evaluation in the Context of India

US 100-Day Reviews under Executives Order 14017: A Critical Evaluation in the Context of India

Authors: Arghya Nandi and Badri Narayanan
Date: January-March 2022
Page Numbers: 01-09
 
Issue: 11
Volume: 09
Abstract : We examine the critical issues regarding the new supply chain policy recommendations of the USA and discuss the potential impacts that India might be suffered from. First, we discuss all of the US government’s recommendations given by the four different Departments (Department of Commerce, Department of Energy, Department of Defense, and Department of Health and Human Services). To develop a brief idea about the recent scenario of the US supply chain, we analyze the US data related to trade share concerning global trade and have discussed the recent statistics of the US balance of payment (BOP) account. Then we critically examine the US-India bilateral trade data to describe the policy recommendations’ potential impacts. As the major dependency of the USA to India is in the pharmaceutical sectors, we have done a graphical analysis of this sector. The impacts can be classified into short-run and long-run impacts. The study concludes that even if India has a short-term comparative advantage over the USA because of the huge burden of debt of this global powerhouse, there might be a possibility that the white house can eliminate this dependency in the long run.

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