The Economic Times

India's $500 billion US imports intent draws scepticism, risks widening trade deficit

India's pledge to buy $500 billion in U.S. goods over five years faces skepticism from economists who warn of distorted commercial procurement and a reshaped trade balance. While U.S. tariffs on Indian goods are set to decrease, the significant import target raises concerns about feasibility and potential inefficiencies, potentially upsetting India's trade balance.