He expressed happiness over US President Donald Trump's decision to enforce a 90-day pause on wide-ranging tariffs and lower the reciprocal tariff on India and other countries that have initiated trade talks with the United States during this period to 10 per cent.
The pause in reciprocal tariffs by the US adminstration offers Indian businesses a short-term advantage--especially in sectors like textiles, leather, engineering, and electronics, where India competes directly with China, said Global Trade Research Initiative (GTRI) Founder, Ajay Srivastava
As US President Donald Trump announced pause on tariffs for 90 days for trade negotiations, India should avoid signing a comprehensive Free Trade Agreement (FTA) with the United States, as it may require India to make harmful trade-offs, suggests Global Trade Research Initiative (GTRI).
India could see a decline of USD 5.76 billion or 6.41 per cent in exports to the United States (US) because of the tariffs, in 2025 says a research report by the Global Trade Research Initiative (GTRI).
The imposition of higher reciprocal tariffs by US President Donald Trump on several Asian and European countries, including China, Vietnam, Taiwan, Thailand, and Bangladesh, presents a strategic opportunity for India to strengthen its position in the global trade and manufacturing says GTRI
According to new U.S trade policy announced by President Donald Trump on Wednesday, how much a country pays in tariffs will depend on the type of goods being exported and their origin, says GTRI founder Ajay Srivastava.
The United States Trade Representative (USTR) has highlighted several trade and regulatory challenges in Monday's National Trade Estimate (NTE) Report, raising concerns over India's tariffs, non-tariff barriers, intellectual property policies, digital trade, and transparency.
The recent decision by U.S. President Donald Trump to impose a 25 per cent tariff on fully built vehicles (CBUs) and auto parts is expected to have little impact on India's automobile industry, according to a statement by the Global Trade Research Initiative (GTRI).
This plan, encompassing 13 key issues, seeks to set the tone for policy direction and governance, fostering a conducive environment for robust export growth.
In an exclusive interview with ANI, Ajay Srivastava, Founder of the Global Trade Research Initiative (GTRI), shed light on India's export scenario, offering insights into current trends and future prospects.