{"content":"🇮🇳 India Targets 15% Tariff Deal with the U.S. 🇺🇲 India is pushing for a bilateral trade deal that would see the U.S. lower its “reciprocal tariff” on Indian exports from around 25% to 15% — a move that could give India’s labour-intensive sectors (textiles, apparel, etc.) a major global edge. However, Washington remains cautious. The U.S. is reluctant to go below the 19–20% tariff range it already applies to peers like Pakistan (19%), Bangladesh (20%), and Indonesia (19%). 💬 A U.S. official stated: “We deal with each country on its own terms.” That means India may need to offer deeper market access or liberalisation for American exports to secure this deal. --- 🔍 Why It Matters A lower U.S. tariff = stronger competitiveness for Indian exporters in key labour-heavy sectors. For the U.S., the move must be reciprocal, ensuring India opens its own markets in return. The outcome could reshape South Asia’s export landscape, giving India a key advantage over its regional rivals. --- 📊 Quick Facts Current U.S. tariff on Indian exports: ~25% Target under negotiation: 15% Peers: Pakistan (19%), Bangladesh (20%), Indonesia (19%) Talks underway, with potential decisions expected soon. --- 🎯 What to Watch Will India agree to greater liberalisation to unlock tariff cuts? Will the U.S. treat India on par with or better than its Asian peers? Sectoral impact — especially for textiles, gems & jewellery, and seafood. Any official signals from either side in the coming weeks.","images":[],"tags":[],"tradingPairs":[],"quotearticleid":0}