India needs to be 'very careful and clever' in US trade...

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India needs to be 'very careful and clever' in US trade deal talks, says Raghuram Rajan; flags farm import risk

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Raghuram Rajan advises India to be cautious in US trade negotiations, especially regarding agriculture. He suggests exploring foreign investment in value-added processing. Rajan notes India could benefit from trade tensions by becoming an alternative manufacturing hub. He urges India to reverse protectionist policies in some sectors like car manufacturing. Rajan believes India's long-term economic prospects remain strong despite global tariffs.

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