India considers easing market access for U.S. firms after Trump win

India is considering easing market access for U.S. companies following Donald Trump's election win. Sources indicate that India may lower tariffs, particularly in sectors like automobiles, if the U.S. reciprocates. During Trump's first term, he criticized India's high tariffs but maintained a good relationship with Prime Minister Modi. Both countries had nearly finalized a mini trade deal before the COVID-19 pandemic. Trade ties between India and the U.S. have strengthened over the past decade, with the U.S. being India's largest export market, totaling $120 billion in 2023.