What India-US trade could look like after Trump takes office
Thursday, 19 December 2024 India is preparing for trade talks with the United States under the new Trump administration. Hoping to capitalize on US-China trade tensions, India aims to attract US investment and boost exports. Key discussion points include energy, defense cooperation, and a potential broader trade pact. India seeks increased market access for its goods and greater US investment, while also addressing US concerns about trade imbalances.
Donald Trump has pledged to impose reciprocal tariffs on countries like India that charge high duties on US goods. He emphasized that if India and others impose tariffs on US products, the US will respond with equal tariffs, ensuring fairness in trade. This marks a significant shift in US trade...
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India has officially declined the U.S. offer to purchase F-35 fighter jets, citing strategic constraints and Trump’s new 25% tariffs on Indian goods. Instead, Russia’s Su-57 has emerged as the top contender, with Moscow offering co-production and Make-in-India support. India's Air Force modernization push comes amid rising threats from China and Pakistan’s growing fighter fleets. The F-35's inability to integrate with non-NATO weapons and its $100M+ price tag made it less viable for India. The shift signals New Delhi's pivot in defense policy amid strained U.S.-India trade ties.
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