ET Graphics: India eyes export boost as US tariffs hit rivals harder
The 26% reciprocal tariff imposed by the US on India is lower than tariffs on countries like China (54%), Vietnam (46%) and Bangladesh (37%), offering India a relative competitive edge, experts say.
The 26% reciprocal tariff imposed by the US on India is lower than that on several other nations, creating an opportunity to gain market share from those hit harder, say experts. This may turn into a significant advantage should India complete its trade negotiations with the US quickly. Anoushka Sawhney takes a look at the tariffs and market share in the US for India’s key exports:
