India’s trade deficit with China a factor in Indo-US relations

12-Jun-2015 #India-US Source: American Bazaar online
Despite US concerns over India’s compulsory local manufacturing rules, the US have seen a surge of US exports to India in recent months. In the last 12-month period, US exports to India have grown a bit faster (6.8 per cent) than our imports from India (5.2 per cent), as compared to the previous 12 months. This pace has accelerated in 2015, with US exports to India growing 14.4 per cent in January-April 2015 over the same period the year before US imports from India barely grew at all.
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