Arpita Mukherjee

We need to compare our tariffs with those in the ASEAN because that's where the competition lies. The US also has very liberal agreements with some of them like Vietnam or Mexico. The tariff today in intermediate product has also impacted the manufacturing sector very adversely. And the tariff reduction has not happened even through the trade agreements. That's the bigger issue.

We need to compare our tariffs with those in the ASEAN because that's where the competition lies. The US also has very liberal agreements with some of them like Vietnam or Mexico. The tariff today in intermediate product has also impacted the manufacturing sector very adversely. And the tariff reduction has not happened even through the trade agreements. That's the bigger issue.