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India's export “gamechanger”: Trump slashing tariffs to 18% undercuts Asian rivals
Daily FT
|February 07, 2026
Exporters say new trade deal to lead to an immediate and substantial release of orders that were earlier put on hold US is India's largest export market with shipments in FY25 valued at $ 86.51 b
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The Hindu Business Line: The tariff cuts announced by US President Donald Trump, slashing duties on Indian goods from 50% to 18%, would be a major “game-changer” for the competitiveness of Indian exports vis-à-vis other Asian suppliers, as it brings tariffs to one of the lowest, exporters say.
"Indian tariffs are now among the lowest. We have swung from the highest to the lowest amongst all neighbours. Textiles and apparels is up for a big boom," said ICC National Expert Committee on Textiles, Textiles Exporter and Chair Sanjay Jain.
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