Modi-Trump Trade Deal: India Gets Lower Tariffs Than Pakistan, Bangladesh

• PM Narendra Modi and US President Donald Trump announced a trade deal, setting an 18% tariff on Indian goods.
• This tariff is lower than the 19% for Pakistan and 20% for Bangladesh, giving India a competitive edge.
• Lower tariffs make Indian products cheaper in the US market, boosting competitiveness and export orders.
• Sectors like textiles, engineering goods, chemicals, pharma, and IT hardware are expected to benefit significantly.
• The deal puts India in a strong global trade position, potentially disadvantaging neighboring countries like Pakistan and Bangladesh.

Why It Matters: India secures a favorable trade deal with the US, receiving lower tariffs than its neighbors.