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India gears up for a potential trade deal as Trump targets China, say government sources

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India is preparing to offer tariffs cuts on some farm and other goods mainly imported from the U.S., aiming to clinch a broader trade and investment deal once president-elect Donald Trump takes charge,
India is preparing for a potential trade deal with the United States, as former President Donald Trump has expressed intentions to target China with trade policies if he wins the 2024 election, according to government sources cited by Reuters. The discussions are in early stages, focusing on enhancing trade relations and addressing market access issues. This move comes amidst global trade realignments, with India aiming to leverage its position as an alternative manufacturing hub to China. The talks also reflect a broader strategic alignment between India and the U.S., considering geopolitical tensions with China. However, no formal negotiations have commenced, and the specifics of any potential agreement remain under discussion.

Read the Full Reuters Article at:
[ https://www.reuters.com/world/india/india-gears-up-potential-trade-deal-trump-targets-china-say-government-sources-2024-12-19/ ]