UPSCSSCBANKINGSTATE-PSC
Govt. mitigates US tariffs impact on exports via trade agreements and diversification.
Summary
The Indian government is actively working to counter the negative effects of US tariffs on Indian exports. This involves seeking a favorable trade agreement with the US and diversifying trade partnerships through Free Trade Agreements (FTAs) with other countries.
Key Points
- Government is addressing the impact of US tariffs on Indian exports.
- The strategy includes engaging with the US for a beneficial trade agreement.
- Measures are in place for immediate relief and to boost trade diversification.
- Negotiations for FTAs with other nations are ongoing.
Full Article
India is actively addressing the impact of US tariffs on its exports. The government is pursuing a comprehensive strategy. This includes engaging with the US for a beneficial trade agreement. Measures are also in place for immediate relief and to boost trade diversification. Negotiations for FTAs with other nations are ongoing.
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