Trump's 27% tariff, not 26%, may boost India's textile, semiconductor sectors over Asian peers: GTRI

The U.S. has imposed higher tariffs on China, Vietnam, Thailand, and Bangladesh, creating an opportunity for India in global trade, says GTRI’s Ajay Srivastava. India faces a 25% tariff on steel and autos, 27% on most goods, but none on pharmaceuticals or semiconductors. Lower tariffs boost India’s competitiveness in textiles, electronics, and semiconductors, attracting investments.