Delhi hopes tariff cuts have put it ahead of the game - but will that satisfy Trump, or is trade action still on the table?

According to sources familiar with the developments, the US has not raised any substantial trade issues directly with India in recent years.

Early indications from exporters suggest that traders in India are receiving higher orders amid fears that tariffs will rise in China," an official said.

Despite repeatedly criticising India’s tariff structure, Trump’s first executive order to impose trade tariffs did not mention India, signalling that bilateral trade negotiations may be on the cards later this month when Prime Minister Narendra Modi is scheduled to visit the US.