India-US Trade Resilient Despite Tariffs, Talks Advance Amid Headwinds

India’s trade ties with the United States continue to show strength even as global tariffs rise. The government says it is close to an initial framework deal to lower reciprocal duties, after six rounds of talks. This matters as over $48 billion of Indian exports face higher US tariffs. Yet momentum remains strong, with bilateral trade near $132 billion and exports rising. At the same time, India is engaging Mexico over proposed tariff hikes that may hit some exports. Overall, negotiations and demand are helping India navigate a more protectionist trade environment while maintaining long-term growth ambitions globally and domestically.