
Transactional dimension will define India-US ties
Hindustan TimesLutnick and Navarro are not India people; they see trade and business through the prism of a broad-based economic value proposition to Make America Great Again. Further, what is clear is that Trump would like to see speedy progress on changes made to India’s Civil Liability for Nuclear Damage Act, paving the way for American firms to sell small modular reactors and other civil nuclear equipment to India. No doubt, as the US-India joint statement following Prime Minister Narendra Modi’s official working visit to Washington DC last month suggests, the considered ambition to do more with India is clear. Whilst the Trump White House has expressly made a case for on-shoring semiconductor manufacturing, it is also apparent, as of now, that they will continue to support India’s development of a semiconductor ecosystem providing the US with a trusted supply chain. However, and increasingly, following recent interactions with American officials and experts alike, it is clear the India relationship is critical to the White House.
History of this topic

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