India and Singapore Deepen AI, Chips Ties as US Tariff Risks Grow

India and Singapore have agreed to strengthen their cooperation in the fields of artificial intelligence (AI) and semiconductors. The two countries signed new industry agreements, as India seeks to expand its trade relationships and mitigate the impact of the 50% US tariffs. The partnership aims to foster collaboration in AI, with a focus on developing practical applications and addressing challenges. Additionally, the agreement covers cooperation in the semiconductor industry, which is crucial for the development of advanced technologies. The move comes as India works to diversify its trade and economic partnerships, reducing its dependence on the US market and the potential risks associated with the ongoing tariff disputes. By deepening ties with Singapore, India is positioning itself to leverage the city-state's expertise and infrastructure in the fields of AI and semiconductor technology. The agreement is seen as a strategic step for both countries to enhance their technological capabilities and strengthen their position in the global market.