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Indian economy to be benefited as US may impose lower tariffs

India could emerge as a key beneficiary of the US’s latest tariff policy, potentially facing lower tariffs than other Asia-Pacific nations, according to Arihant Capital. The report suggests this may attract more foreign investment and boost India’s manufacturing capabilities, despite the US push to reshore critical industries.

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US President Donald Trump. File Pic

US President Donald Trump. File Pic

Amid the global outrage and trade deal talks, India could emerge as a major beneficiary of the United States' latest tariff policy. The tariff policy by the US may impose lower tariffs on India compared to several other countries in the Asia-Pacific region, according to a report by Arihant Capital.

The report also asserted that India is in a favourable position to attract more foreign investment and strengthen its manufacturing capabilities as global trade flows begin to shift impressively. 
The report by a financial institute stated that "the US may impose lower tariffs on India compared to many other APAC countries, positioning India to attract more investment."

As reported by news agency ANI, countries like Cambodia and Vietnam would likely be slammed by higher tariffs. On the other hand, India could benefit from trade and investment redirection, supported by ongoing bilateral agreements.

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