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Beating tariffs with exports
Hindustan Times Delhi
|September 18, 2025
Prioritising tariff mitigation and preparing for long-term economic growth is a sensible strategy at a time of global churn
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Until US President Donald Trump announced his reciprocal tariffs in April this year and then went on to impose a massive additional 50% — it includes an unfair 25% tariff on account of India’s import of Russian crude oil even though both China and Europe, bigger buyers of Russian energy, do not face any such tariff — India’s policy focus was on export promotion.
Exports were listed as one of the 10 key areas flagged in the 2025-26 Union Budget which also announced an Export Promotion Mission.
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