💨 Abstract

The Indian government has established an inter-ministerial group to monitor a potential surge in imports from countries like China, Vietnam, and Thailand due to high US tariffs. The group will watch for increases in consumer goods, electronics, chemicals, and steel imports from June to July. Simultaneously, the government is also working to help Indian exporters explore new markets and negotiate free trade agreements with the EU, Oman, New Zealand, and the UK.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖