Tariff War: Exporters can get relief soon, Trade Union Minister Piyush Goyal could

In many directions for relief in the US fee, there are a lot of directions. This includes lowering fees on US goods to the completion of the first phase of the Bilateral Trade Agreement (BTA) as soon as possible. Trade and Industry Minister Piyush Goyal on Wednesday discussed the business condition with the Fio and Export Promotion Board of various sectors hours after a mutual fee. Various instructions go on for relief in the US fee government (file photo) Jagran Bureau, New Delhi. The government emerged to the US for the first time on Wednesday after the US set up a mutual fee of 26 percent on India on April 2. According to the sources, the government has assured the government that the US fee gets relief, the government has assured exporters to get relief soon in the US fee. In many directions for relief in the US fee, there are a lot of directions. This includes lowering fees on US goods to the completion of the first phase of the Bilateral Trade Agreement (BTA) as soon as possible. Trade and Industry Minister Piyush Goyal on Wednesday discussed the business condition with the Federation of Indian Export Organization (FIO) and the Export Promotion Board of various sector after a mutual fee. To be a BTA, according to the sources, will no longer mean a mutual fee, the ministry told the exporters that the government is completely serious about the impact of mutual fee and will be resolved soon. It is also an attempt to do BTA with America within the next one or two months. Being a BTA will have no meaning in mutual fee. The ministry also asked exporters not to export goods from China and Bangladesh. The government is watching closely here. The US has imposed more fees on China and Bangladesh than India. There is a possibility of a major increase in importing different goods from China to India from China during the increased trade war. China can shower its stuff in India through the second third country. The government has increased the monitoring of goods coming from China. Despite the challenges, the record increase in export recorded an increase in the export of goods in FY 2024-25 despite all the challenges. According to sources, commodity exports in the financial year 2024-25 crossed the $ 437 billion point. Earlier, $ 437 billion items were exported in FY 2023-24, including Vastu and Seva, more than $ 800 billion was exported in FY 2024-25. Earlier, in the financial year, goods and service were exported to $ 778 billion. Every latest news and accurate information from the country and the world, every moment on your phone! Download now- Jagran app