The US has overtaken China to become India’s biggest trading partner

India seems to have deepened its ties with the US, making the world’s largest democracy its top trading partner in fiscal 2021-22, surpassing China.

In the financial year ended in March 2022, bilateral trade between the US and India stood at $119.42 billion (9.25 lakh crore rupees), as against $80.51 billion in the previous year, according to the Indian commerce ministry. For China, the figure stood at $115.42 billion in the same period.

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