NEW DELHI: (May 15) The US-China trade deal has lowered tariffs on Beijing goods entering America, but duties still remain high at over 50 per cent, leaving room for Indian exporters to tap global markets as India enhances its competitiveness and manufacturing strength, an official said on Thursday.
The official said that lowering tariffs by the US on Chinese goods would help global trade and supply chains.
“We believe in our competitiveness and we are improving that…Still the tariffs (on China) are quite high, it is more than 50 per cent and given the current position…I see opportunities for Indian exporters just not in terms of tariffs, but in terms of building its competitiveness. PTI
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