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US – India: Thinking Beyond Trade Wars
- August 16, 2019
- Posted by: Vishnu Krishna
- Category: Global growth
Ever since Prime Minister Modi was re-elected, the one thing that just refuses to fade away is the news related to the strategic relationship between these two democracies. A day after Modi was sworn in for a second term, the Trump administration rescinded preferential trade privileges through which $6 billion worth of Indian goods had duty free access to the US market. India responded by imposing tariffs on over 20 items imported from the US with a total value of about US$ 1.4 billion.