Following the announcement of the India-US trade deal on Monday, in which Washington reduced tariffs on India to 18 per cent, New Delhi now faces lower tariffs than its regional export competitors in South and Southeast Asia.
Pakistan's exports have remained stuck in the USD 25-30 billion band for nearly twenty years, even as regional competitors surge ahead. During this period, Bangladesh's exports have exceeded USD 50 billion, and Vietnam's have surpassed USD 350 billion. This widening gulf stems not from globa
The Congress MP said he had been "troubled" by the US tariff regime from the very beginning, adding that India was already at a disadvantage compared to its regional competitors.