US-India trade talks gain momentum, Indian firms eye export opportunities
Edited By WION Video Desk
Published: Apr 27, 2025, 08:55 IST | Updated: Apr 27, 2025, 08:55 IST
As discussions on the India-US trade deal gain momentum with US Vice President JD Vance's visit to Delhi, Indian exporters face a critical reality. Understanding and complying with US nonreferential rules of origin is essential to benefit from the new trade dynamics. The United States currently imposes tariffs of up to 245% on Chinese goods, while tariffs on products from other countries remain much lower, around 10%.
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