Commentary: Modi got a nice US deal. But what did he give away?
Ana Maria Rus
The trade deal slashes US tariffs on Indian goods to 18 per cent, but further details on the agreement will be key, says Andy Mukherjee for Bloomberg Opinion. HONG KONG: After more than five months in United States President Donald Trump’s tariff prison, India is finally free. The punitive 50 per cent duty that was threatening its manufacturing industries will fall to 18 per cent , a tad better than key rival Vietnam’s 20 per cent. It’s also a discount on the 26 per cent reciprocal rate Trump
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