India will not lower duties on smaller cars in a trade deal with U.S., says Abhijit Das, the author of Strategies in GATT and WTO. However, he explains why it's more likely than not that the two sides will agree on a deal.

Faced with potential US tariffs, India is exploring strategies to reduce its trade surplus. Increasing imports from the US in sectors like energy and aviation, alongside diversifying export markets, could mitigate tariff exposure.