India has been spared the worst of Washington’s latest tariff action, but analysts say much work still needs to be done to secure a long-awaited US trade deal despite the lower-than-expected levy. The Trump administration’s fresh round of tariffs, unveiled last week, targeted 60 economies it accuses of failing to curb imports made with forced labour. As late as last month, India was being threatened with a 12.5 per cent rate, but ultimately earned a place among the 17 economies – including...
Indian Prime Minister Narendra Modi is facing mounting domestic backlash over a potential trade deal with the United States that would place India at the centre of US President Donald Trump’s efforts to redirect agricultural exports displaced by the US-China trade conflict, raising fresh questions about New Delhi’s broader strategic alignment with Washington against Beijing. Thousands of farmers from the northern state of Punjab marched towards Delhi on Tuesday to oppose what they described as a...