positive
Recently
India-US trade deal eyed as export tariffs could fall to 15-16 %
India-US trade talks could slash export tariffs to 15-16 %, boosting Indian trade prospects.
Negotiations between India and the United States are progressing such that tariffs on Indian exports to the US could be reduced from about 50 % to 15-16 %. The potential deal comes amid India’s efforts to diversify markets and the US push to manage its trade deficit. If realised, the move could boost Indian export competitiveness and industrial growth, though some sectors warn of transitional disruptions.