GTRI Calls For Export Reforms To Shield Against US Tariffs

The Global Trade Research Initiative (GTRI), a trade-focused think tank, has suggested a 10-point plan to the central government, which it believes, if implemented, can shield India from the impact of US tariffs.

- CORRESPONDENT

GTRI recommends that the government revive schemes and incentives focused on export promotion, customs reforms, dedicated e-commerce hubs, and stronger trade missions, along with the necessary skills.

These recommendations, if implemented, GTRI believes, will shield jobs and sustain India's export competitiveness.

The sudden escalation of US tariffs on Indian goods, from barely 3% a year ago to 50% today, has exposed a "critical vulnerability" in India's export ecosystem, GTRI opined.

The 50 per cent US tariffs on Indian goods came into effect on August 27.

GTRI cited the example of Brazil, which faced the same 50% tariffs from August 1, 2025, asserting that it has responded quickly with a series of strong support actions.