April 27, 2018

India motivated to import more oil, drones from U.S. due to Trump’s trade wars

In order to narrow down its $28 billion trade surplus, India is seeking more oil, drones and aircraft from the U.S. Government officials have said that India could bridge the surplus by $4 billion through oil imports alone. There are emerging concerns of probable collateral damage to the Indian economy from Trump’s trade friction with China.

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