NEW DELHI : The Customs Duty reduction announced in the Budget on products such as motorcycles and synthetic flavouring essences would benefit American exports, economic think tank GTRI said recently.
The Global Trade Research Initiative (GTRI) said that despite the repeated criticism of India as the biggest tariff abuser and tariff king by the Trump-administration, the country’s Budget has introduced significant tariff reductions on multiple products, many of which benefit the US exports.
“With key tariff cuts on technology, automobiles, industrial inputs . . .
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