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US trade deal grants India preferential tariff treatment over China, Pakistan & Bangladesh

18 0
05.02.2026

New Delhi: After the historic India-US trade deal announcement on Monday, February 2, New Delhi will deal with lower tariffs compared to its regional export competitors in Southeast Asia and South as the Trump administration reduced the tariffs on Indian goods to 18 per cent.

India has a significant edge over competing export economies in the region with the introduction of a new tariff structure compared to Indonesia’s 19 per cent and Bangladesh’s 20 per cent each.

On the other hand, China’s Beijing is enjoying tariffs at 34 per cent. India also has an edge over its........

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