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How India can leverage US tariffs to its advantage

  • Countries like Cambodia, China, Taiwan, Indonesia, South Africa, South Korea, and Japan would suffer high reciprocal tariff rates from the US.
  • India would face a reciprocal tariff of 26%, and the EU countries will face a tariff rate of 20%.
  • The impact of high tariffs may lead to a short-term adverse impact on global growth, affecting India's export and GDP growth.
  • India should focus on increasing strategic imports from the US, such as energy products, defense products, and advanced technological inputs.

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