Urdu Conclave 2026

India-US Trade Relations

A recent study highlights that the US decision to cut tariffs on Indian goods has placed India in a stronger competitive position than China.

India’s pharmaceutical exports surged to an all-time high of $30.47 billion (£24.5 billion approx.) in the financial year 2024–25.

India’s combined goods and services exports surged past USD 820 billion in 2024-25, marking an increase of nearly 6%.

US President Donald Trump has escalated tensions in the ongoing trade dispute with China, threatening to impose an additional 50% tariffs.