India takes cues from Trump's trade war with China; to import drones, oil

India, which imports more than 80 percent of its crude oil requirement, sourced nearly 12 million barrels of crude oil from the US in the last six months

India is seeking more oil, drones and aircraft from the U.S. to help narrow its $28 billion trade surplus amid rising concerns of possible collateral damage to its economy from President Donald Trump’s trade spat with China.

Asia’s third-largest economy could bridge the surplus by up to $4 billion through oil imports alone, government officials said, asking not to be identified as they are not authorized to speak to the media.

India is among partner countries seeking to allay U.S. trade deficit fears by raising imports as the Trump administration redraws bilateral trade plans and seeks to alter world trade norms. Earlier