US Overtakes China to Become India’s Largest Trading Partner

(L–R) Australian Prime Minister Anthony Albanese, U.S. President Joe Biden, Japanese Prime Minister Fumio Kishida, and Indian Prime Minister Narendra Modi pose for photos at the entrance hall of the Prime Minister’s Office of Japan in Tokyo on May 24, 2022. Zhang Xiaoyu/Reuters

The United States has become India’s top trading partner, ousting China from the spot and further cementing U.S. business ties with the South Asian superpower.

Bilateral trade between Washington and New Delhi rose from $80.5 billion in trade in 2020–21 to $119.4 billion in 2021–22, according to the Indian commerce ministry. That’s an increase of more than 48 percent.