India considers easing market access for U.S. firms under Trump administration

India is willing to ease market access for U.S. companies if the U.S. reciprocates under President-elect Donald Trump. This marks a shift from previous tensions over high tariffs, as Trump has criticized India for its trade practices. During his first term, Trump had a contentious relationship with India over tariffs but maintained a good rapport with Prime Minister Narendra Modi. Sources indicate that India may lower tariffs in sectors like automobiles to improve trade terms. Despite past criticisms, Modi was among the first leaders to congratulate Trump after his election. Trade ties between the U.S. and India have strengthened over the past decade, with the U.S. being India's largest export market.