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India May Settle for 10-15% Tariff in Trade Deal with US

Business Standard

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July 18, 2025

This may put New Delhi in a more favorable position than Indonesia, Vietnam

- ASIT RANJAN MISHRA

India may have to settle for tariffs of up to 15 percent on its shipments under the interim trade deal with the US, currently under discussion, a government official said, requesting anonymity. This will still put it in a better position than competing developing countries, such as Indonesia (19 percent) and Vietnam (20 percent), which have agreed to higher tariffs in deals with Washington.

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यह कहानी Business Standard के July 18, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

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