India diversifying strategic, economic ties even as US trade tensions thaw
India has touted its interim trade framework with the US as a big win for both countries. After what's been a year of trade tensions, the deal will bring US tariffs on Indian exports down to 18% from 50%. Exporters have welcomed the deals, but experts said trade tensions have underscored a greater urgency for New Delhi to diversify its strategic and economic ties. Neha Poonia reports.
India has touted its interim trade framework with the US as a big win for both countries. After what's been a year of trade tensions, the deal will bring US tariffs on Indian exports down to 18% from 50%. Exporters have welcomed the deals, but experts said trade tensions have underscored a greater urgency for New Delhi to diversify its strategic and economic ties. Neha Poonia reports.
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