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Eight steps for exporters, especially MSMEs, to take to cope against Trump tariffs

Published on: Aug. 19, 2025, 11:11 p.m. | Source: Economic Times

India faces challenges from US tariffs and Chinese export curbs. To counter this, the article suggests strengthening India's industrial base. It also suggests reforming government procedures. Lowering import duties and supporting nascent tech sectors are important. Unleashing the corporate debt market and promoting prompt payments are crucial. Investing in technology and reducing reliance on rare earth magnets are also needed.

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