India-US Interim Trade Agreement Explained: How Tariff Cuts Boost Make in India and Exports? скачать в хорошем качестве

India-US Interim Trade Agreement Explained: How Tariff Cuts Boost Make in India and Exports?

India and the United States have agreed on a framework for an Interim Trade Agreement, aiming to strengthen bilateral trade and boost India’s manufacturing and exports. Under the pact, the US will reduce tariffs on Indian goods from 50% to 18%, while India will cut or eliminate import duties on a wide range of American industrial, food, and agricultural products. Key Indian exports, including generic pharmaceuticals, gems and diamonds, and aircraft parts, will see tariffs drop to zero, enhancing India’s global competitiveness and supporting the Make in India initiative. Industry experts predict the agreement will attract global supply chains to India, expand manufacturing and services, and create new opportunities for farmers, entrepreneurs, women, and youth. PM Modi highlighted that the pact opens new avenues for Indian businesses and strengthens the country’s economic growth. During 2021-25, the US was India’s largest trading partner in goods, accounting for 18% of exports, 6.22% of imports, and over 10% of total bilateral trade. In 2024-25, bilateral trade reached USD 186 billion. The Interim Trade Agreement is expected to further accelerate exports by 25-30%, positioning India as a highly competitive player in global markets. #indiustradedeal #ustradetariffs #piyushgoyal #pmmodi #trump Welcome to India TV English News! The place to find the latest breaking news, comprehensive analysis, and in-depth reporting from India and around the world. Real-time updates on politics, business, sports, entertainment, technology, and more are provided to keep you informed about the events that shape our world. Why Subscribe? Breaking News: Get timely alerts on the most important news stories as they happen. Expert Analysis: Insightful commentary and expert opinions to help you understand complex issues. Exclusive Interviews: Conversations with key newsmakers and influential figures. Diverse Coverage: From local stories to global events, we cover a wide spectrum of topics. Engaging Content: High-quality videos, live streams, and interactive discussions. Join our community and never miss an update. Hit the subscribe button and click the bell icon to stay connected with India TV English News. Stay informed, stay ahead. [Subscribe Now!] Follow us on social media for more updates: Facebook:   / indiatv   Twitter: https://x.com/indiatv Website: https://www.indiatvnews.com/