The Economic Times

India gains edge over regional export competitors after tariffs drop to 18%, beats China, Bangladesh

India, US trade deal: India now enjoys a significant trade advantage with the United States. Washington has reduced tariffs on Indian products to 18 percent. This move places India ahead of regional export rivals like Indonesia, Bangladesh, and Vietnam. The deal also sees India's tariffs on US goods reduced. This development is a major boost for Indian exports and strengthens bilateral trade ties.