US promises India tariff advantage over rivals: What it means for exporters; can they outpace Vietnam and China?

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IndiaIndia could secure a tariff advantage over competing economies in the US market under the proposed bilateral trade agreement with Washington, potentially giving Indian exporters a stronger footing against rivals such as Vietnam, Bangladesh and China. The United States has assured India of a comparative tariff advantage over its competitors under the proposed trade pact, news agency ANI reported, quoting a senior government official. However, the actual extent of this advantage will depend on the final tariff structure and the outcome of ongoing trade investigations. “The US has assured India of a comparative tariff advantage over its competitors in the…

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