ADVERTISEMENT
'Zero-For-Zero' Plan May Help Counter US Reciprocal Tariff Threat: GTRI
India needs to identify tariff lines, where it can eliminate tariffs for US imports, without harming domestic industries and agriculture, Ajay Srivastava said.
21 Feb 2025, 04:56 PM IST 
While Trump has announced intentions of implementing reciprocal tariffs, the actual enforcement would only be in April. (Photo source: Unsplash)
A 'zero-for-zero' tariff strategy proposed by India to the US could protect domestic industries, amid US President Donald Trump's reciprocal tariff threats."India could make an advance tariff offer to the US and drop its FTA plan. Since the US is India's largest trading partner, India must act to minimise any negative impact," said Ajay Srivastava, a former Indian trade service officer, who now runs the Global Trade Research Initiati...
