India-US trade relations worsened under Trump admin: Congressional report

A United States Congressional report has said that US-India tre relations under President Donald Trump have deteriorated because of increased tariff policy from both sides. Tre ties between India and United States got worse under Trump despite his very good relationship with Indian Prime Minister Narendra Modi. According to a report released by Congressional Research Service (CRS), United States and India have both imposed tariffs and counter-tariffs on each or since Trump took over White House in 2017. 

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As per report, United States imposed tariffs on key Indian exports, including steel and aluminum in 2018. report ded that India waited to resolve dispute before ultimately imposing counter-tariffs on American products, affecting about USD 1.32 billion of US exports. Both Washington and New Delhi are challenging each or's tariffs in World Tre Organisation (WTO). 

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"Under Trump ministration, bilateral tensions increased over each side's tariff policies. In general, India has relatively high aver tariff rates, especially in agriculture. It can raise its applied rates to bound rates without violating its commitments under WTO (World Tre Organization), causing uncertainty for US exporters," CRS report said. 

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What would ties look like under Biden?

Experts suggest tre relations between United States and India would take a new turn in 2021 after President-elect Joe Biden takes over on January 20. Biden has pledged to move away from all of his predecessor's policies, including in Indo-Pacific, where he has promised to take ties with New Delhi to new heights with Indian-origin Vice-President Kamala Harris by his side. tre relations between India and US could also change given both New Delhi and Washington renegotiate ir entry into RCEP and CPTPP respectively. 

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(With inputs from ANI)