https://www.taxtmi.com/news?id=70542 Reduction of India's reciprocal tariffs to 18% in the first phase bilateral trade framework with the United States is intended to secure market access and a pricing advantage for Indian exporters. Compared to higher levies faced by competitors (for example China 35%, Brazil 50%), the lower tariff is identified as enhancing competitiveness in labour intensive sectors and supporting agricultural exporters. The tariff cut is presented as commercially supported by industry and as a policy instrument to increase export value and farmers' incomes, with the framework expected to be signed by mid March. en-us Sun, 08 Feb 2026 17:16:03 +0530 Sun, 08 Feb 2026 17:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=70542 Reduction of India's reciprocal tariffs to 18% in the first phase bilateral trade framework with the United States is intended to secure market access and a pricing advantage for Indian exporters. Compared to higher levies faced by competitors (for example China 35%, Brazil 50%), the lower tariff is identified as enhancing competitiveness in labour intensive sectors and supporting agricultural exporters. The tariff cut is presented as commercially supported by industry and as a policy instrument to increase export value and farmers' incomes, with the framework expected to be signed by mid March. News - Sun, 08 Feb 2026 17:16:03 +0530 https://www.taxtmi.com/news?id=70542