India Pulls Ahead of Rivals as Trump Trade War Roils Markets

Workers on a clothing production line at a factory in Gurugram, India.
Photographer: Ruhani Kaur/Bloomberg

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By Kai Schultz and Dan Strumpf

April 22, 2025 at 11:01 AM EDT

Updated on

April 23, 2025 at 1:41 AM EDT

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As US President Donald Trump shocks markets and governments with his trade war, few countries are weathering the turbulence better than India, both politically and economically.