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India Navigates Trade Challenges Amid U.S.-China Tensions

5/22/2025

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Story summary
  • India was optimistic about trade talks with the U.S. despite a 26% tariff imposed by President Trump.
  • The trade conflict with China created opportunities for India to attract businesses moving from China.
  • Prime Minister Modi's positive relationship with Trump facilitated initial negotiations.
  • Recent shifts in Trump's China strategy have complicated India's trade situation.
  • India now contends with tariffs akin to China's, affecting American firms like Apple.