India’s FTA push may not offset US tariffs drag, Barclays says
- Posted on January 16, 2026
- By Business News Today
- 3 Views
India’s FTA push may not offset US tariffs drag, Barclays says
India tariff impact: India remains one of the few major economies without a trade deal with Washington, despite facing a 50% tariff rate — among the highest in the world. The levies have dealt a heavy blow to Indias labour-intensive sectors, especially textiles, handicrafts, apparels, gems and leather.