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Trump Trade War Spurs India to Import More Oil, Drones From U.S.

  • More gas, aircraft will help cut bilateral surplus: officials
  • India joins China at WTO over U.S. steel, aluminum tariffs
Iranian Oil Lands in Europe for First Time Since Sanctions Ended

Photographer: Luke MacGregor/Bloomberg

India is seeking more oil, drones and aircraft from the U.S. to help narrow its $28 billion trade surplus amid rising concerns of possible collateral damage to its economy from President Donald Trump’s trade spat with China.

Asia’s third-largest economy could bridge the surplus by up to $4 billion through oil imports alone, government officials said, asking not to be identified as they are not authorized to speak to the media.