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India–US trade talks: 18% tariff seen giving India competitive edge
Piyush Goyal said an 18% tariff under a possible India–US trade deal could support exporters and give India an edge over rivals.
India may gain a competitive advantage in global trade if a proposed India–US deal moves ahead with tariffs around 18 percent, Commerce Minister Piyush Goyal said. He explained that relatively lower and predictable tariffs could help Indian exporters plan better, shift supply chains toward India, and compete more effectively against countries facing higher duties in the US market amid ongoing global trade realignments.