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Global trade shifts open doors to India-US ties: Sitharaman
Hindustan Times Lucknow
|April 23, 2025
Amid rising global trade barriers and shifting investment flows, Union finance minister Nirmala Sitharaman sees a silver lining—strategic opportunities for deeper India-US ties in high-stakes sectors like semiconductors, quantum tech, pharmaceuticals, and nuclear energy.
NEW DELHI: Speaking at the Hoover Institution, Stanford University, finance minister noted that trade restrictions have increased much since 2019, as countries look inward to safeguard domestic industries and jobs.
"Unsurprisingly, global trade investment markets are being reimagined to bring about a better balance between externally led growth and domestic growth, between the Main Street and the Wall Street, and between transition and energy security," she said. Despite appearing daunting, these global shifts "are full of new opportunities," she added.
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