US-India Trade Breakthrough: Experts React to Tariff Cuts and Geopolitical Shifts

• India and the US finalized a trade deal, slashing US tariffs on Indian goods from 50% to 18%, ending months of tense negotiations.
• The deal, announced by President Trump, includes India's unconfirmed commitment to halt Russian oil purchases and lower trade barriers on US exports.
• Economists and investors anticipate the agreement will boost Indian markets, improve foreign sentiment, and alleviate geopolitical uncertainty.
• Experts like Anuj Gupta highlight the deal's economic benefits for Indian exports and new market opportunities for US companies, alongside strategic realignment.
• However, some analysts, including Ajay Srivastava and Michael Kugelman, caution about potential political trade-offs and question the veracity of claims regarding Russian oil.

Why It Matters: The US-India trade deal offers economic relief and stabilizes bilateral ties, but geopolitical complexities remain.