
Despite Trump tariffs, robust domestic economy gives India leverage over US in trade talks: Report
India's exports to the US fell 8.6% in October under 50% tariffs, milder than September's 12% drop. India is taking a slow approach to trade talks with the US, avoiding rushing into a deal despite tariffs. India is diversifying exports to new markets like the UK, UAE, and Australia, and offering discounts to retain US clients.