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India’s strong economy gives it leverage in U.S. trade talks
India’s economic strength is boosting its hand in trade talks with the U.S., potentially paving the way for tariff reductions.
India’s resilient domestic economy and smaller-than‑expected export decline are giving New Delhi more room to negotiate a U.S. trade deal, according to government sources. :
Even though U.S. tariffs remain high, India is prepared to cut import duties on over 80% of goods while protecting sensitive areas like agriculture. Officials expect Washington to trim a 25% tariff tied to Russian oil and are pushing support for exporters amid the negotiations.