Trump's midterm setback may put India under pressure for quick trade deal on US terms: GTRI

U.S. midterm elections impact on India: faster trade deal talks and higher tariffs likely

Trade and geopolitical experts say that losing control of the U.S. Congress will push President Donald Trump to increase tariff pressure on India to seal a deal. Indian negotiators, for their part, will smell an opportunity

GTRI: Mid-term loss may push Trump to seek quick trade deal, India should insist on reciprocal concessions

GTRI warns that a proposed US-India trade deal is fundamentally one-sided, as India would cut MFN tariffs while Washington retains its own, risking WTO rules and sovereignty.

Trump's midterm setback may put India under pressure for quick trade deal on US terms: GTRI

Amid electoral challenges, US President Donald Trump is likely to ramp up pressure on India to seal a trade deal. This potential agreement would require India to decrease import tariffs on US goods while the US keeps its tariffs intact. Analysts caution that such an arrangement may breach WTO MFN principles, undermining India's trade credibility. Additionally, compromising energy security and development aspirations could have serious implications.