https://www.taxtmi.com/news?id=52776 Punitive tariff measures that elevate import costs in a major export market undercut an export-led manufacturing strategy and deter inbound investment; maintaining trade openness is essential to preserve competitiveness and India's role as a China+1 alternative. Policy should separate strategic self-reliance in sensitive domains from broad protectionism, favour calibrated market-access arrangements (including tariff-rate quotas and sanitary and phytosanitary alignment), and pair any phased opening with targeted domestic safeguards to protect livelihoods and productivity. en-us Mon, 18 Aug 2025 16:16:02 +0530 Mon, 18 Aug 2025 16:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=52776 Punitive tariff measures that elevate import costs in a major export market undercut an export-led manufacturing strategy and deter inbound investment; maintaining trade openness is essential to preserve competitiveness and India's role as a China+1 alternative. Policy should separate strategic self-reliance in sensitive domains from broad protectionism, favour calibrated market-access arrangements (including tariff-rate quotas and sanitary and phytosanitary alignment), and pair any phased opening with targeted domestic safeguards to protect livelihoods and productivity. News - Mon, 18 Aug 2025 16:16:02 +0530 https://www.taxtmi.com/news?id=52776