ABSTRACT

U.S.-India Trade Relations [Updated October 2, 2019]   [open pdf - 538KB]

From the Document: "The United States and India view one another as important strategic partners to advance common interests regionally and globally. [...] The Trump Administration, which views bilateral trade balances as an indicator of the health of a trading relationship, takes issue with the U.S. trade deficit with India, and has criticized India for a range of 'unfair' trading practices that restrict U.S. exports to and investment in India. Indian Prime Minister Modi's first term fell short of many observers' expectations, as India did not move forward with anticipated market-opening reforms, and instead increased tariffs and trade restrictions. Modi's strong electoral mandate may embolden the Indian government to press ahead with its reform agenda with greater vigor. Recent slowing economic growth in India raises concerns about India's business environment."

Report Number:
CRS In Focus, IF10384
Author:
Publisher:
Date:
2019-10-02
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
Help with citations