<ul><li>Commerce Minister Piyush Goyal cautioned Indian exporters to avoid letting high-tariff hit countries use India as a bypass or a conduit for sending goods to the US, according to sources.</li><li>The US had imposed higher tariffs on neighbouring Asian economies, potentially leading shipments from these nations to come to India and then being sent to the US to avoid the high reciprocal tariffs.</li><li>Government officials suggested Indian exporters not export their goods to the US through countries facing lower tariffs than India.</li><li>Exporters are looking for an extension or a fresh relaunch of the Interest Equalisation Scheme, with a 5% subsidy as against 3% previously.</li></ul>

No Re-Routing, India Shouldn't Be Conduit To Bypass US' Higher Tariffs: Goyal Cautions Exporters

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