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India a winner in tariff war: Official
India is positioned favorably in the US tariff war with lower duties than competitors like China and Vietnam. Ongoing BTA negotiations with the US offer potential for further tariff reduction on Indian exports.
India has emerged as a winner in the escalating global tariff war.
India has emerged as a winner in the escalating global tariff war unleashed by the US, with lower duties than its competitors, a senior official said Saturday. India also has an early-mover advantage as it has already initiated discussions on the Bilateral Trade Agreement (BTA) that will give a chance to bring down duties on Indian exports to the US down from the current levels, the official added.
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