Try GOLD - Free
GTRI Calls For Export Reforms To Shield Against US Tariffs
The Sunday Guardian
|August 31, 2025
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.
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.
This story is from the August 31, 2025 edition of The Sunday Guardian.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 9,500+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Sunday Guardian
The Sunday Guardian
India's Balancing Act in Xi's SCO Arena
Though the SCO has provided space to India and Russia for diplomatic maneuverability, however, like BRICS, SCO remains China's arena.
4 mins
September 07, 2025
The Sunday Guardian
Under President Trump, 'Forever Wars' Are Lasting Forever
Trump is showing symptoms of slipping into a world of alternate reality as distinct from the real world. He is acting as though US Government is a facsimile of the Trump Organisation.
6 mins
September 07, 2025
The Sunday Guardian
Stop Navarro From Damaging India-U.S. Relations Irreparably
When President Trump has advisers like Peter Navarro, he needs no enemies.
4 mins
September 07, 2025
The Sunday Guardian
New GST Rates To Roll Out This Navratri
The income tax relief provided for in the 2025-26 Budget, coupled with GST rate rationalisation, is set to further push India's economy to another level, Union minister and BJP leader Ashwini Vaishnaw told reporters Saturday, addressing a presser from the party headquarters.
3 mins
September 07, 2025
The Sunday Guardian
Adani Power, DGPC to set up hydro power project in Bhutan
The income tax relief provided for in the 2025-26 Budget, coupled with GST rate rationalisation, is set to further push India's economy to another level, Union minister and BJP leader Ashwini Vaishnaw told reporters Saturday, addressing a presser from the party headquarters.
2 mins
September 07, 2025
The Sunday Guardian
Sir Not Top Issue in Bihar
Between Us
4 mins
September 07, 2025
The Sunday Guardian
Imports From Kenya Push Assam Tea Towards Existential Crisis
Cheap tea from Sri Lanka and Nepal too affecting the industry.
3 mins
September 07, 2025
The Sunday Guardian
Nationwide SIR Likely to Start Post Bihar Polls
A nationwide Special Intensive Revision of electoral rolls, similar on the lines of what was carried out in Bihar, is likely to take place before West Bengal goes to the elections next year.
3 mins
September 07, 2025
The Sunday Guardian
Sitharaman Writes To State FMs To Thank Them For Backing Reform
In a gesture underscoring the spirit of cooperative federalism, Union Finance Minister Nirmala Sitharaman has written to finance ministers of all states, expressing gratitude for their support and active role in helping implement the landmark overhaul of the goods and services tax (GST) regime.
2 mins
September 07, 2025
The Sunday Guardian
Unofficial ban hits the release of 'Bengal Files' in state
The release of filmmaker Vivek Agnihotri's highly anticipated and controversial film, \"The Bengal Files,\" has hit a roadblock in West Bengal, with no movie halls in Kolkata and across the state screening the film despite its nationwide release on September 5.
3 mins
September 07, 2025
Listen
Translate
Change font size