New Delhi, Feb. 22 -- India should propose a 'zero for zero tariff strategy' to the United States, identifying products where it can eliminate tariffs on American imports, according to a report by Delhi-based think tank Global Trade Research Initiative (GTRI).
The report, released on Friday, suggests that negotiating a full-scale trade agreement could be more complex and may require India to make difficult concessions.
The report advises Indian policymakers to carefully select items for tariff elimination without harming domestic industries, while largely excluding agricultural products.
This list should be discussed with the US before April, ahead of its planned reciprocal tariff announcement. If the US accepts the proposal, the recip...
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