India Weighs US Tariff Threat, Aims for $500 Billion Trade Target
New Delhi, July 31, 2025 – India is carefully evaluating its options in response to the looming threat of US tariffs. The government is prioritizing a comprehensive bilateral trade agreement as a key strategy to achieve its ambitious goal of $500 billion in bilateral trade by 2030.
Negotiations between the two nations are ongoing, despite existing trade tensions. Key sectors under discussion include agriculture, steel, and automobiles. These talks are crucial for navigating the complex trade relationship.
To mitigate potential tariff impacts, India is exploring strategies to increase imports from the US. Simultaneously, the government is actively pursuing diversification of its export markets to reduce reliance on any single trading partner.
The outcome of these negotiations will significantly impact India’s economic growth trajectory and its position in the global trade landscape. The success of the bilateral trade agreement will be a crucial determinant in shaping the future economic relationship between the two nations.
