‘India to divert exports from US to other markets,’ says former Ambassador Harsh Shringla amid 50% US tariff bite
India will divert exports to alternative markets, as the U.S. imposes a steep 50% customs duty on Indian goods, Harsh Shringla said. He highlighted plans for a Free Trade Agreement with the U.S., and stressed India’s focus on semiconductors, rare earths, and emerging technologies to drive future growth.
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