India, May 2 -- Dhruv Saxena, Senior Consultant, Agri-Food & Nutrition Growth Advisory, Frost & Sullivan
In a significant shift in US trade policy, the introduction of reciprocal tariffs by the United States, particularly a 26 per cent levy on Indian goods, has sent ripples across global trade corridors. Implemented under the Trump administration's revised "America First" doctrine, these tariffs aim to align the tariff rates imposed by trading partners with those levied by the US, fundamentally disrupting traditional export dynamics.
For India, the move presents both a challenge and an opportunity to recalibrate its export strategy. Although a 90-day moratorium is currently in place, should India fail to come to an agreement with the US...
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