Brief by Shorts91 Newsdesk / 10:22pm on 04 Nov 2026,Wednesday India Global
The Democratic Party's victory in both chambers of the US Congress could benefit India, experts say. President Donald Trump's power to make major policy decisions may face greater checks from Congress. This could reduce sudden tariff changes and give India more room in trade talks. The proposed interim trade deal aims to cut US tariffs on Indian goods from 25% to 18%. Defence ties between the two countries are also expected to remain strong, as both parties support closer cooperation. However, political deadlock could delay key agreements and create uncertainty in financial markets, affecting the Indian rupee.