India is shooting itself in the foot on trade

  • Posted on January 2, 2025
  • By Business News Today
  • 3 Views
India is shooting itself in the foot on trade

President-elect Donald Trump has threatened tariffs on Indian imports, but India's trade policy issue lies more in non-tariff barriers, specifically Quality Control Orders. These orders unpredictably restrict imports and harm local industries by monopolizing resources and fragmenting supply chains, ultimately hurting Indias economic productivity and job creation.
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Business News Today

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