India-U.S. Trade Ties Reshape Global Economic Landscape, Empower Emerging Middle Class
India and the U.S. have a complex economic relationship, with trade ties and political factors playing significant roles. India's economy has been shifting towards services, reducing poverty and growing a middle class. The country faces challenges like the Maoist insurgency. The current Indian government focuses on economic reforms, trade policies, and promoting foreign investment. Trade between India and the U.S. involves various goods and services, with competition from China. Key issues include agriculture, textiles, technology, and intellectual property rights. Both countries have agreements and relations at bilateral and multilateral levels. The 110th Congress needs to consider energy cooperation, immigration, foreign investment, and the impact of outsourcing on workers.