India-US Trade Deal: A Strategic Win for Viksit Bharat Amid Global Challenges
Opinion
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News18•03-02-2026, 09:14
India-US Trade Deal: A Strategic Win for Viksit Bharat Amid Global Challenges
- •The India-US trade deal, following intense negotiations, is a significant step towards reducing trade barriers and boosting exports.
- •Tariff rates for Indian exporters to the US are expected to drop from 50% to an estimated 18%, providing immense relief and stability.
- •This reduction is crucial for export hubs like Tirupur, where high tariffs previously threatened over 150,000 jobs.
- •India secured a favorable deal compared to other countries, enhancing its trade competitiveness as the world's fastest-growing major economy.
- •The deal, coupled with other recent FTAs and deft diplomacy, signifies India's strategic agility and diversified trade wins, aligning with the Viksit Bharat vision.
Why It Matters: The India-US trade deal marks a strategic victory, reducing tariffs and diversifying trade for a stronger Viksit Bharat.
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