Workflow
Tariff Pressure Pushes Modi Into Action
Bloomberg Televisionยท2025-08-22 13:25

US-India Relations & Trade - Potential 50% duty on India by the US due to tariff campaign [1] - India's $50 billion exports at risk if relations with the US are not repaired [3] - US is India's biggest customer [3] India-China Relations - India is moving to repair relations with China [1] - Potential for cross-border investments between Indian billionaires and Chinese technology companies [2] - Expect announcements regarding India-China relations at the Modi-Xi Jinping meeting [2] Indian Economic Reform - Modi is proposing lower consumption tax rates [3] - More reforms are promised to boost India's economic growth [2][3]