Navigating Trade Tides: India-US Relations in Focus

Ray Vickery emphasizes India's equitable stance on tariffs, highlighting Prime Minister Modi's adept handling of US trade relations. As tariff talks continue, Vickery foresees no immediate changes but a strengthened bilateral relationship. Upcoming US tariffs might impact dynamics, yet a favorable outcome is anticipated.

Ray Vickery, a former United States Assistant Secretary of Commerce for Trade Development, has defended India against allegations of being a tariff abuser. He commended Prime Minister Narendra Modi and his administration for expertly maintaining the complex trade dynamics with the US.

Despite ongoing tariff discussions, Vickery predicts no immediate shifts, though the 'America First' policy will likely continue to shape bilateral economic relations. He expressed optimism for an economically strengthened partnership, emphasizing the inseparability of strategic and trade interests, particularly concerning China and Indo-Pacific stability.

As the US prepares to implement new tariffs, President Trump has expressed confidence in a successful resolution of these issues, noting his positive relationship with Modi. Meanwhile, Arvind Virmani suggested a bilateral trade agreement could be finalized by year's end.

(With inputs from agencies.)