Tag: India US Trade

The trade deal between India and the US is a game-changer for the Indian MedTech and pharma sectors, said industry experts on Tuesday.

The United States recently announced a 25% tariff on any country continuing to trade with Iran, aiming to pressure Tehran amid escalating geopolitical tensions. While the tariff seems straightforward, it could have larger implications for countries like India, where existing tariffs on exports to the US are already high. Why Analysts Are Talking About 50%.

Now, Trump has again changed his stance and called India his friend. He says that he has spoken to Modi and that India will now buy less oil from Russia.

India and the US are progressing in talks on a Bilateral Trade Agreement. Key issues include energy imports, climate tech, and defence cooperation.

As one Washington phrase has it, India must “go big or go home.”