Can India turn US tariff threat into 'win-win bargain'? Arvind Panagariya says it can

India has the chance to leverage the issue of US reciprocal tariffs to negotiate mutual tariff reductions, turning a potential trade conflict into a win-win bargain. This cooperative approach could grant better access for Indian goods to the US market, while the reciprocal tariffs could otherwise lead to a harmful tariff war for both nations.