Analysts: India’s re-election of Modi could exacerbate trade tensions with U.S.
India has re-elected Prime Minister Narendra Modi, a move analysts say might not bode well for its bilateral trade relationship with Washington. In an overwhelming victory, the Modi-led Bharatiya Janata Party (BJP) has won a new five-year mandate. Milan Vaishnav, director and senior fellow of the Carnegie Endowment for International Peace’s South Asia program, said while many expected the BJP victory, “few predicted the magnitude.” In many key states, BJP’s vote share was more than 50 percent, he added. Analysts...