Trump's reciprocal tariffs could reshape India-US trade dynamics
President Donald Trump has announced reciprocal tariffs that will match US import duties with those of other countries, including India. This change could significantly impact India's trade with the US, particularly in key sectors and exports. In addition to the tariffs, Trump and Indian Prime Minister Modi have committed to enhancing economic and military relations. They aim to double bilateral trade to $500 billion by 2030 through initiatives like Mission 500 and increased defense cooperation. The new tariffs raise questions about their effects on Indian businesses. Analysts are examining whether these changes will present new challenges or opportunities for the Indian economy and trade.