India’s Youth: A Powerful Force Against US Tariffs?
India’s youthful demographic is emerging as a significant factor in the global economic landscape. With one in five of the world’s young people residing in India, the country holds a unique position, especially as youth populations decline in other major economies, including the US and China.
How India’s Young Population Can Impact Trade Relations
This vast and growing workforce presents both opportunities and challenges. It offers a powerful engine for economic growth and innovation. However, it also needs jobs and resources to thrive. This demographic reality could significantly influence India’s approach to international trade, especially when facing protectionist measures like US tariffs.
The Potential of India’s Demographic Dividend
As other nations grapple with aging populations, India’s youthful dynamism could become a key bargaining chip. This “demographic dividend” offers the potential for increased productivity, consumption, and overall economic expansion, allowing India to negotiate from a position of strength in international trade discussions.