💨 Abstract

Indian exporters are better positioned to handle increased US tariffs compared to their competitors due to higher duties imposed on those competitors. India has a first-mover advantage as it is negotiating a bilateral trade agreement with the US. Sectors like shrimp are advised to explore new markets, such as the European Union. The Indian government is assisting exporters in dealing with these tariffs and protecting the domestic industry from potential dumping.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖