India-US ties strengthen as New Delhi becomes crucial player in region amid China's rise

Fundamental shifts are happening in the world of global trade now. The US announcing a 90-day moratorium on certain tariffs and at the same time hiking tariffs on China to 125% is more than an economic choice, it is an indication of strategic preference. The act is a consequence of the policy of the US to decrease dependency on China and seek dependable friends. Under the circumstances, India is being envisioned as a stable and dependable partner in trade.

India has made tangible progress in becoming a global supply chain hub

While most nations are gearing up to cope with such shifting circumstances, India is already set. Since Prime Minister Narendra Modi took charge, India has made tangible progress in becoming a global supply chain hub by making itself a part of PLI schemes, building infrastructure and conducting business reforms. India has signed trade agreements with numerous nations and diversified its exports, which has consolidated its role in the current situation.

90-Day Opportunity: A New Path to Business Partnership

90-day window of grace is a chance for India to work on three areas:

• Market Access and Transparency in Tariffs: India needs to insist the US to cut tariffs on India's most important products.
• Digital and Investment Cooperation: India has the ability to position itself as a partner for technology.
• Defence and Strategic Integration: Better defence cooperation will increase economic confidence.

Tariffs are not the problem, it's a trigger of strategy

In the recent past, India also suffered tariff pressure, but the Modi government provided a balanced reaction without reciprocating. Repo rate reduction and stability of policies indicated that India can not only meet a crisis but turn it into a good opportunity.