Tariffs pause to offer Indian businesses advantage where it directly competes with China: GTRI
The US administration's temporary pause on reciprocal tariffs offers Indian businesses a competitive edge, particularly in sectors like textiles and electronics, where they directly rival China. For 90 days, Indian imports face a flat 10% duty, significantly lower than proposed punitive rates, while Chinese goods bear 125% tariffs. Experts suggest India leverage this window to strengthen its export ecosystem.