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India-US trade deal: India wants Donald Trump administration to offer tariff rate lower than Indonesia; eyes competitive advantage
Wednesday, 16 July 2025
India-US trade deal: American President Trump aims for US market access into India, similar to the Indonesia trade deal. However, India seeks even lower tariffs, below Indonesia's 19%. Negotiations are underway, targeting rates under 20%, potentially even below 10%.
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The tariff ripple effect on global trade and free zone insights 08:00
The tariff ripple effect on global trade and free zone insights
The Trump administration’s ‘Liberation Day’ tariffs introduced in April has caused uncertainty and sparked a number of trade negotiations with the US’s biggest trading partners, but consumers all over the world are feeling the...
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