• Dr. T D Verma

Indo-US relations reached a new high in 21st Century with Washington acknowledging that India is a rising power both regionally and globally while reciprocating New Delhi’s sentiment that the two countries are “Natural allies”. Although Indo-US business relations started to develop in the pre-independence era but a matured relationship developed between these two countries only in the Post- Independence period. During the last more than 7 decade, many ups and downs have been noticed in the relations of these two countries. Nevertheless, in the post-cold war era, a qualitative change has been noticed. This can be evidenced by the fact that USA has again emerged as the largest trading partner. Our nation has been celebrating 75 years of Amrit Mahotsav, also striving to realise to dream of accomplishing US 5 $ trillion economy to become Atma-Nirbhar Bharat in this decade. Global growth is forecast to slow from 6% in 2021 to 3.2% in 2022 and 2.7% in 2023. This is the weakest growth profile since 2001 except for the global financial crisis and active phase of Covid 19 pandemic. Therefore, in this paper an attempt has been made to analyze bilateral trade relations between India andUS in the wake of outbreak of Covid- 19 pandemic, US-China trade war, Ukraine-Russia war etc.

Global slowdown, Pandemic, Bilateral trade, Natural allies, Atmanirbhar Bharat and Amrit Mahotsav.

"IMPACT OF GLOBAL SLOWDOWN ON INDO-US TRADE RELATIONS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 1, page no.d451-d458, January-2023, Available :http://www.jetir.org/papers/JETIR2301357.pdf

"IMPACT OF GLOBAL SLOWDOWN ON INDO-US TRADE RELATIONS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 1, page no. ppd451-d458, January-2023, Available at : http://www.jetir.org/papers/JETIR2301357.pdf