US Tariff Cut Boosts India's Job-Creating Exports: A New Era for Trade

• US tariff on Indian goods reduced to 18% from over 50%, creating a breakthrough for labor-intensive exports.
• India now holds an advantageous position over competitors like Bangladesh, Vietnam, and China due to lower tariffs.
• Domestic reforms, including new Labor Codes and rescinded Quality Control Orders, have paved the way for this trade boost.
• The 2026–27 Budget supports industrial parks, cluster rejuvenation, and city economic regions to enhance competitiveness.
• States must leverage new labor codes, improve infrastructure, and ensure timely incentive delivery to maximize export potential and create 100 lakh jobs globally.