After India-US Trade Deal, along with reduction in tariff on Indian exports, many US products will also become cheaper in India. Import duty on industrial goods will be reduced from 13.5% to zero. Prices of dry fruits, wine, spirits, fruits-vegetables and tech hardware like laptops and electronics will fall. Yes, sensitive agriculture products like rice, dairy, soybean and sugar have been kept out of the deal. Its impact will be visible for the next 5 years.
After India-US Trade Deal, Tariff Cuts will boost Exports, Imports will become cheaper. Money Live | After the India-US trade deal, tariff cuts will boost exports and make imports cheaper.
