Experts see export competitiveness gains; India–US trade projected at $500 billion
Tariff cut to 18% lifts India’s cost advantage in the US market; economists flag GDP upside, easing rupee pressure and improved capital flow outlook.
Read MoreTariff cut to 18% lifts India’s cost advantage in the US market; economists flag GDP upside, easing rupee pressure and improved capital flow outlook.
Read MoreThe revised tariff rate would bring India broadly in line with most Asian economies, which face US tariff rates in the 15–19 per cent range, easing relative competitiveness pressures for Indian exporters, the investment bank said.
Read MoreIndia and the US have reached a breakthrough trade deal, significantly easing global uncertainty for India’s trade outlook. The agreement, announced by President Trump, includes a sharp reduction in US tariffs on Indian goods to 18% and withdrawal of penal…
Read MoreIndia-US trade deal: India will not immediately halt Russian oil imports despite a new trade deal with the US. Moody’s Ratings notes this could disrupt economic growth and increase inflation. However, reduced US tariffs will boost Indian exports, especially to…
Read MoreIndian benchmark indices Nifty and Sensex surged significantly following a long-awaited trade deal between India and the US. The agreement, which includes reduced reciprocal tariffs, has eased concerns that had impacted the market. A strengthening rupee further supported domestic assets,…
Read MoreNagaraju said uncertainty in the global economy had reduced after US President Donald Trump spoke about a trade deal, and recent tariff-related relief has brought back a degree of predictability for Indian industry. He noted that following the earlier 50%…
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