India-US tariff standoff: Why New Delhi must balance trade interests with strategic autonomy
India, Oct. 18 -- India and the US face renewed tariff tensions even as strategic cooperation deepened over the last decade. Recurring trade disputes, particularly at times of severe global crises, is a major irritant for both in the management of bilateral as well as global economies. More importantly, economic friction when colliding with geopolitical alignment has renewed the importance of sustained negotiation.
Since 2004, deepening strategic convergence has supported expanding commercial ties despite a persistent US goods deficit. Revised US Census data show that, in July 2025, US goods exports to India were $3.418 billion, while imports were $9.161 billion. Total bilateral trade in goods and services reached $241.66 billion in 2025...
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