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of <h1>Trade Tensions Boost India's Export Potential as US Tariffs Reshape Global Manufacturing and Market Dynamics</h1> India has gained an advantageous position in recent US tariff hikes, with lower import duties compared to competitor countries like Vietnam, Bangladesh, and China. The commerce ministry is supporting exporters and exploring new markets. While potential pharmaceutical tariffs may have a small impact, the ongoing US-China trade tensions could create export opportunities for India. The government remains focused on protecting domestic industries and negotiating bilateral trade agreements.
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