India gets a lower US tariff; here's why textile exporters are still worried
India's textile sector faces US market pressure despite a 10% tariff rate. Competitors received tariff-rate quota exemptions which India missed out on. This absence weakens
India's textile sector faces US market pressure despite a 10% tariff rate. Competitors received tariff-rate quota exemptions which India missed out on. This absence weakens India's overall competitiveness against rival nations. However, India remains a relative beneficiary of the revised US tariff framework. Future investigations could expose India to additional tariffs, necessitating trade deal negotiations.
The BriefWire