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GTRI suggests India to propose a ‘zero for zero tariff strategy’ to US

February 24, 2025
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GTRI suggests India to propose a ‘zero for zero tariff strategy’ to US

NEW DELHI : Delhi-based think tank GTRI said, India should propose a ‘zero for zero tariff strategy’ to the United States (US), and can identify items where it can eliminate tariffs for American imports, as negotiating a trade agreement could be trickier and force India to make ‘difficult concessions’.

Indian policymakers, however, should prepare a list of items without harming the domestic industry and exclude most agriculture products. 

This list should be discussed with the US before April, ahead of its reciprocal . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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