Zero Tariff For India? Piyush Goyal’s Big Statement On US-India Trade Deal After Bangladesh Shock

Описание: Zero Tariff For India? Piyush Goyal’s Big Statement On US-India Trade Deal After Bangladesh Shock

Commerce Minister Piyush Goyal has hinted that Indian apparel exports to the US could enjoy zero tariff access provided raw materials are sourced from America. His remarks come amid rising concerns over the US-Bangladesh trade agreement, which reduces tariffs on Bangladeshi goods to 19% and allows a specified volume of textile exports at zero reciprocal tariffs.

Indian exporters worry that the volume-linked mechanism may impact competitiveness in the crucial US market. Will India secure better trade terms? Here’s the full breakdown.

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