India may secure better trade deal with the US, says Samir Saran

Samir Saran, President of the Observer Research Foundation, emphasized the importance of patience in India's trade negotiations with the US following the midterm elections. He noted that aggressive tariff threats from the US are often part of broader negotiations rather than immediate policy changes. Saran highlighted that bipartisan support in Congress ensures continuity in US trade goals, allowing India to leverage its market for favorable terms. Saran pointed out that the US's foreign policy is driven by national interests, which remain stable despite domestic political shifts. He stated that core trade objectives, such as re-shoring industrial bases and supply chain resilience, are likely to persist across administrations. The focus on domestic manufacturing protection is supported by a bipartisan consensus in Congress. The ongoing trade discussions may lead to advantageous outcomes for India as it navigates the complexities of US trade policies.