Life after the elections: Modi’s deal aspiration faces Biden’s trade, onshoring policy — Panjiva
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Life after the elections: Modi’s deal aspiration faces Biden’s trade, onshoring policy

Cons. Discr. - Apparel 494 Cons. Discr. - Autos 1178 Elections 121 Energy - Conventional 447 Health Care 353 India 511 Materials - Chemicals 235 Trade Deals 1000 U.S. 5316

The Indian government is keen to strike a trade deal with the U.S. under the incoming Biden administration. President-elect Biden’s aim to build relations with allies in the Indo-Pacific region is one reason to expect a deal. However, a deal won’t necessarily come soon or potentially at all. The Modi administration has been keen to maintain “Make in India” tariffs while Biden is committed to including labour and environmental commitments in new trade deals. From a technical perspective renewal of fast-track authority in the U.S. may not occur and be a stumbling block. Trade between the t...

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