India must push for US oil-tariff relief before negotiating trade pact, 25% surcharge basis ‘no longer stands’: GTRI

India’s trade body is urged to prioritise the rollback of the US oil-linked tariff, a 25% duty that doubles the burden on Indian goods. Experts highlight this as crucial for restoring export competitiveness, especially for labor-intensive sectors. Delays in the Export Promotion Mission also demand urgent attention to support exporters facing global stress.

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