Editor’s Note
This article reports on the recent reduction of U.S. tariffs on Indian goods to 18% following an agreement between former President Trump and Prime Minister Modi. While industry representatives acknowledge this as a meaningful step, they emphasize that further easing is required to fully revive demand and stabilize export markets.
Trump Slashes India Tariff to 18% After Agreement with Modi
New rate is meaningful reduction, but further easing is necessary to fully revive demand and stabilize exports, industry says.