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 537 Cons. Discr. - Autos 1255 Elections 125 Energy - Conventional 478 Health Care 365 India 563 Materials - Chemicals 280 Trade Deals 1020 U.S. 5418

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...

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