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US tariffs an opportunity to lower trade barriers, enhance competitiveness, boost exports

The US administration’s reciprocal tariff plan may seem like a challenge, but for India, it also presents a strategic opportunity. By reducing tariffs — particularly on industrial inputs and key imports — India can boost its manufacturing competitiveness, attract foreign investment, and strengthen its position in global value chains. This shift could unlock long-term economic growth while improving trade ties with the US

March 19, 2025 / 09:11 IST
Another aspect of balancing trade with the US is India’s over-reliance on China for certain imports
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