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India May Be Subject To Lower US Tariffs Compared To APAC Nations: Moody's

  • Moody's Ratings suggest that India may face lower tariffs compared to other APAC countries, potentially attracting more investment and becoming a global manufacturing base.
  • While negotiations are expected to reduce tariffs and trade barriers bilaterally, uncertainty in trade policies poses challenges for investment decisions and disrupts trade.
  • Countries like Vietnam and Cambodia, affected by high US tariffs due to diversification of investment away from China, face elevated credit risks.
  • India, aiming to benefit from tariff-driven shifts, signed a free trade deal with the UK and is negotiating with the US for greater market access and duty concessions.

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