Countries like Bangladesh, Vietnam, Cambodia, Pakistan, etc., benefit from more favourable tariffs (19–20%), while India and Brazil face steep 50% duties—affecting their competitiveness in the US market.
Industry experts emphasise need for collaborative approach to global trade to create a more predictable, fair trade environment that prioritises competitiveness over geopolitical manoeuvring.Countries like Bangladesh, Vietnam, Cambodia, Pakistan, etc., benefit from more favourable tariffs (19–20%), while India and Brazil face steep 50% duties—affecting their competitiveness in the US market.
Industry experts emphasise need for collaborative approach to global trade to create a more predictable, fair trade environment that prioritises competitiveness over geopolitical manoeuvring.
