New Delhi - India has emerged as a winner in the escalating global tariff war unleashed by the US, with lower duties than its competitors, a senior official said Saturday. India also has an early-mover advantage as it has already initiated discussions on the Bilateral Trade Agreement (BTA) that will give a chance to bring down duties on Indian exports to the US down from the current levels, the official added.

The reciprocal tariffs and retaliation by China have created even more space for products like electronics . . .