Govt reviews import basket as Trump returns to White House

The Indian government is reviewing the import basket to consider sourcing certain items from the US, aiming to improve trade balance amid Trump’s concerns over high import tariffs. India targets sectors like pharma and electronics as potential beneficiaries due to increased tariffs on Chinese imports and security restrictions on China.

​The Indian government is reviewing the import basket to consider sourcing certain items from the US, aiming to improve trade balance amid Trump’s concerns over high import tariffs. India targets sectors like pharma and electronics as potential beneficiaries due to increased tariffs on Chinese imports and security restrictions on China.