Lower US tariffs on textile items can make India competitive: CRISIL
The US-India bilateral trade agreement (BTA) under negotiation will likely lead to reduction in India’s goods trade surplus with the US, and India would be able to import more energy products, certain agriculture products and defence equipment, among others, from the latter, according to CRISIL. Lower tariffs under the BTA can help India compete with other major textile exporters.
The US-India bilateral trade agreement (BTA) under negotiation will likely lead to reduction in India’s goods trade surplus with the US, and India would be able to import more energy products, certain agriculture products and defence equipment, among others, from the latter, according to CRISIL.
Lower tariffs under the BTA can help India compete with other major textile exporters.
