Trade watch: India may see marginal gains on select farm goods, says GTRI; US exempts items from reciprocal tariffs

India may see a slight edge in certain farm goods. The US has removed some items from its tariff list. This could benefit India’s spice and tea exports. However, gains are limited due to India’s small market share. Larger exporters in Latin America, Africa, and ASEAN are expected to benefit more.

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