The report noted that by capturing a part of the market share currently held by China and Singapore, India can increase its share in chemical exports to US.
India must stay firm and avoid trading away its core sectors, especially agriculture, despite increasing pressure from the United States under President Donald Trump's administration, according to a report by the Global Trade Research Initiative (GTRI).
The second round of negotiations, led by Bangladesh's Commerce Advisor Sheikh Bashir Uddin and US Trade Representative Ambassador Jamieson Greer, concluded its second day in Washington DC.
India could emerge as a major beneficiary of the United States' latest tariff policy as Washington may impose lower tariffs on India compared to several other countries in the Asia-Pacific region, according to a report by Arihant Capital.
Indian stock markets opened on a positive note on Thursday as investor focus shifted to the earnings season, amid a delay in the announcement of the India-US trade deal.
A source familiar with the situation said that the 14 countries on the list were there because the United States felt trade negotiations with them had not made progress, were not successful, or were not worth continuing.
A day after Donald Trump announced reciprocal tariffs on 14 countries, two days ahead of his deadline day of July 9, the US President on Tuesday (local time) stated that his administration will be revealing a minimum of seven countries that the US will do trade with on Wednesday morning (
South African President Cyril Ramaphosa on Tuesday slammed the unilateral imposition of a 30 per cent trade tariff by US President Donald Trump, describing it as "not an accurate representation" of the trade data available between the US and South Africa.
Taiwan's Minister of Economic Affairs, Kuo Jyh-huei, on Monday said the negotiations on the tariff between the United States and Taiwan, is still going on reports Focus Taiwan.
Indian stock benchmarks closed their first day of the week with slight gains in the account, as investors remained cautious ahead of anticipated U.S. tariff announcements.
Indian industry is prepared for any outcome regarding the proposed bilateral trade agreement with the United States, Confederation of Indian Industry (CII) President Rajiv Memani said on Wednesday, emphasizing that the country's business sector will not pursue deals that compromise nation