https://www.taxtmi.com/news?id=69823 A bilateral tariff adjustment lowers US reciprocal duties on Indian leather, footwear and other labour intensive exports to 18 per cent, improving competitiveness. The leather sector-USD 1.26 billion in US-bound exports in 2024 with a 2.9% market share-stands to gain most, while jute and seafood exporters anticipate margin recovery, pricing flexibility and increased capacity utilisation. Industry groups link the shift to potential employment gains and seek a broader preferential trade framework for deeper market access. en-us Tue, 03 Feb 2026 15:16:03 +0530 Tue, 03 Feb 2026 15:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69823 A bilateral tariff adjustment lowers US reciprocal duties on Indian leather, footwear and other labour intensive exports to 18 per cent, improving competitiveness. The leather sector-USD 1.26 billion in US-bound exports in 2024 with a 2.9% market share-stands to gain most, while jute and seafood exporters anticipate margin recovery, pricing flexibility and increased capacity utilisation. Industry groups link the shift to potential employment gains and seek a broader preferential trade framework for deeper market access. News - Tue, 03 Feb 2026 15:16:03 +0530 https://www.taxtmi.com/news?id=69823