US-India Trade Tensions Impacting Investment and Industry
TL;DR Summary
The article discusses the complex economic relationship between India and the United States, highlighting that while there is a significant trade deficit in goods, their trade in services is nearly balanced and growing, driven by offshore operations and educational exchanges. Tensions over tariffs threaten to impact this mutually beneficial trade, especially in services, which are crucial for both economies' growth.
Topics:world#business#economic-relationship#india-us-trade#offshore-operations#services-trade#tariffs
- The Trade That Binds the Indian and American Economies The New York Times
- Trump’s tariff and tax changes will encourage Indian firms to choose other areas to invest in over the U.S.: EY India The Hindu
- Can India and the U.S. Repair Their Relationship? Foreign Policy
- US steel tariffs leave Indian foundries gasping DW
- Indian bank billionaire calls for support to counter US tariff ‘shock’ Financial Times
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