India-US trade deal: How 18% tariff gives Delhi edge over China and others - Piyush Goyal explains - The Times of India
India has secured a strategic advantage in global trade as lower US tariffs position it ahead of competitors like China, according to Commerce Minister Piyush Goyal. Under the evolving India–US trade framework, Indian exports face an average tariff of around 18 percent, which is significantly lower than what several other exporting nations encounter. This pricing edge makes Indian goods more attractive to American buyers, especially in manufacturing and value-added sectors. Goyal explained that India’s consistent focus on quality standards, compliance, and fair trade practices has helped strengthen trust with the US market. The reduced tariff impact is expected to boost exports, attract fresh investments, and create new opportunities for Indian businesses looking to expand globally. While challenges remain in negotiating broader trade terms, the current structure gives India a competitive foothold at a time when global supply chains are shifting away from over-dependence on China. Overall, the development signals growing economic alignment between India and the United States.
The Key points
- India faces an average US tariff of about 18 percent.
- Lower tariffs give India an edge over China and rivals.
- US buyers find Indian exports more cost-competitive.
- Manufacturing and value-added sectors benefit the most.
- India’s quality and compliance standards strengthen trust.
- The deal supports export growth to the US market.
- Reduced tariff pressure encourages foreign investment.
- Global supply chains are gradually shifting toward India.
- Trade talks aim for long-term economic cooperation.
- The move boosts India’s position in global trade dynamics.
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