India’s Relationship with the U.S.: Opportunities and Challenges
• NITI CEO B. V. R. Subrahmanyam predicts significant disruption in global trade due to Trump’s proposed high tariffs on three trading partners.
• He suggests India should prepare to tap into these opportunities, given the potential for trade diversion.
• Subrahmanyam predicts steps in the coming months to address the potential trade diversion.
• The relationship with the U.S. is multi-dimensional, with North America accounting for 21% of India’s exports in Q1 2024-25.