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Bloomberg Quint

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Image Credit: Bloomberg Quint

Indian Exporters Navigate US Tariffs With Competitive Edge, Eye EU Markets For Growth, Says Sources

  • Indian exporters are better positioned to deal with the additional US tariffs as compared to their competitors.
  • Sectors like shrimp could explore new markets such as the European Union to push their shipments.
  • India has the first mover advantage in the US due to ongoing bilateral trade agreement negotiations.
  • While the US has imposed an additional 26% import duty on India, its competitors face higher import duties.

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