The broader consensus seems to be that India should capitalise on what could be the unintended consequences of Trump's tariff wars. Pranjul Bhandari, chief India economist at HSBC, believes that "potential US tariffs may have become a catalyst for reforms. ".

U.S. President Donald Trump told Breitbart News in an interview on Wednesday that he believes India will probably be lowering the tariffs it imposes on American goods. "I believe they're going to probably going to be lowering those tariffs substantially,