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Factbox-What India-US trade could look like after Trump takes office [Yahoo! Finance Canada]
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exports, India is exploring ways to strengthen ties with Washington as Trump has threatened tariffs of 60% and other curbs on imports from China. Here are key commercial issues between the two countries: TRUMP POLICY ON CHINA India seeks to leverage Trump's policy by capitalising on U.S. trade tension with China, aiming to draw away from it investments and businesses diversifying supply chains. To align with Trump's "America First" policy, India is ready to offer more incentives such as tax cuts and land access in states like Andhra Pradesh, Gujarat and Tamil Nadu in industries such as semiconductors, electronics, aircraft parts, and renewables. India also seeks to integrate into U.S. global supply chains by supplying low-end and intermediate products, from chips and solar panels to machinery and pharmaceuticals. ENERGY AND SECURITY To tackle U.S. concerns on trade imbalances, India is open to increasing imports of energy products, such as LNG, and defence equipment whil
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