India secures trade safeguards with US for farmers
after close1 source ↓written by the desknot a recommendation
- from a competitive
- 18% tariff
Commerce and Industry Minister Piyush Goyal announced that the trade agreement with the US includes adequate safeguards to protect farmers and domestic industries from excessive imports. Indian agricultural exports, valued at USD 50-55 billion, will benefit from a competitive 18% tariff, compared to higher tariffs on competitors like China. This deal aims to enhance market access for Indian goods in the US.
Not investment advice. For informational purposes only.