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Abstract

India is growing steadfastly in its trade when the world economy is sluggish. The global trade is facing challenges in the increased form of protectionism and tariff wars. In this scenario India’s trade with the United States of America is a noteworthy one. Their relationship is conspicuous in the world trade for their strong and strategic bilateral trade. With the current US- China tariff war, Indian markets do matter to the US significantly and it is not known whether India will be able to capitalize on it. The objective of this paper is to grasp the trade relations between India and the U.S in the last five years and to find out how the exports and imports and their respective trade balances have evolved. The trade policies of US and India is also attempted to be studied and there is an initiative to delve into the future trade prospects by locating the reconciliation measures.

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