BS EDIT: India-US Trade Deal at a Crossroads

By Business StandardPublished On Jun 23, 2026

Ties on Firmer Ground

After the Modi-Trump meeting, attention has shifted to finalising a trade deal that strengthens economic ties

Tariff Uncertainty Persists

US courts have blocked key reciprocal tariffs, creating uncertainty over Washington's trade approach

A New Trade Tool

The US is pursuing Section 301 investigations, with India among countries facing scrutiny

Protecting Competitiveness

India must ensure tariff outcomes do not erode its advantage over competing exporters

Seek a Balanced Deal

Waiting for clarity carries risks. A negotiated compromise may offer greater certainty

Keep Future Options Open

Like the EU, India should build flexibility into any deal to avoid long-term disadvantages