The trade between India and the USA is facing a slowdown as tariffs create hurdles for both nations. India usually exports gems, pharmaceuticals, machinery, and textiles to the US, while importing energy, medical equipment, and advanced technology. But many of these flows are now on hold because tariff barriers have made trade more expensive and less competitive.
But tariffs play a big role in shaping this partnership. Higher tariffs on some goods often make trade costlier and create friction between the two countries. Businesses on both sides continue to push for a smoother framework that can make trade easier and more competitive. The future of the India–US trade balance will depend on how both nations address these tariff challenges.
Despite these hurdles, the overall partnership remains strong. With India emerging as a manufacturing hub and the USA leading in innovation, reducing trade barriers could open even greater opportunities.
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#export#import#america#india#trade#sanction
Vishal Sharma
India-USA Trade Relations: Exports, Imports & Tariffs
The trade between India and the USA is facing a slowdown as tariffs create hurdles for both nations. India usually exports gems, pharmaceuticals, machinery, and textiles to the US, while importing energy, medical equipment, and advanced technology. But many of these flows are now on hold because tariff barriers have made trade more expensive and less competitive.
But tariffs play a big role in shaping this partnership. Higher tariffs on some goods often make trade costlier and create friction between the two countries. Businesses on both sides continue to push for a smoother framework that can make trade easier and more competitive. The future of the India–US trade balance will depend on how both nations address these tariff challenges.
Despite these hurdles, the overall partnership remains strong. With India emerging as a manufacturing hub and the USA leading in innovation, reducing trade barriers could open even greater opportunities.
.
.
.
#export #import #america #india #trade #sanction
1 month ago | [YT] | 6