India’s trade surplus with the U.S. is critical as it offsets a structural trade deficit with China, but a heavy U.S. tariff and the potential impact of AI on exports could put this surplus at risk and intensify pressure on the rupee; India should treat the tariff threat as a wake-up call to diversify its export markets and products
India’s trade surplus with the U.S. is critical as it offsets a structural trade deficit with China, but a heavy U.S. tariff and the potential impact of AI on exports could put this surplus at risk and intensify pressure on the rupee; India should treat the tariff threat as a wake-up call to diversify its export markets and products
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