Indian textile exporters may lose competitiveness despite lower US tariff as rival countries get quota exemptions: Report

WIRE — New Delhi [India], July 27 (ANI): Indian textile and apparel exporters could lose some of their competitive edge in the US market despite India being placed in a relatively favourable tariff bracket under the new US Section 301 measures, as competing countries have secured tariff-rate quota (TRQ) exemptions, according to an Emkay Research report.The report said India has been subjected to a 10 per cent Section 3

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