New Delhi: India’s apex exporters’ body, FIEO, stated on Thursday that the 26 percent tariffs or import duties announced by US President Donald Trump on India will undoubtedly affect domestic players.
However, India is much better placed than many other countries, said Ajay Sahai, Director General and CEO of the Federation of Indian Export Organisations (FIEO).
He expressed hope that the proposed bilateral trade agreement (BTA), currently being negotiated between the two countries, would be concluded at the earliest, as it would provide relief from these reciprocal tariffs.
