“While the FTA spree certainly bodes well for making international trade more seamless, it may not necessarily result in higher exports large enough to offset the US tariff-inflicted pain,” Barclays economists Aastha Gudwani and Amruta Ghare wrote in a report on Friday. India remains one of the few major economies without a trade deal with Washington, despite facing a 50% The lack of certainty on the trade deal has pressured the rupee and forced New Delhi to dole out $5 billion to protect Indian exporters. ...