NEW DELHI — On July 9, U.S. President Donald Trump’s sweeping global trade tariffs are set to kick in, potentially upending economies and businesses around the world.
Like its international peers and rivals, India is scrambling to cut a deal to avoid punitive extra costs in shipping goods to its biggest export destination — a 26% levy. Unlike most others, New Delhi at least has a fresh blueprint demonstrating what it must do to get trade pacts over the line, taking some tough decisions along the way: Its free trade agreement (FTA) with the U.K., announced last month.
