National
The government has rolled out a four-pillar export strategy to counter the impact of steep US tariffs on Indian goods and strengthen the country’s trade position globally. Strategy Framework The plan focuses on four core areas: Enhancing export competitiveness by improving production efficiency and reducing costs. Promoting exports through greater visibility in global
National
India’s average tariff on goods imported from the United States in 2023 stood at 6.1 %, making it lower than those imposed by several other Asian countries. Sri Lanka charged 8.4 % on U.S. goods, while Thailand levied 6.9 %. These figures directly challenge claims that India is overly protectionist when it comes to trade with the U.S. […]