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As supply chains realign, India must not take shortcuts: GTRI

April 25, 2025 2 min read
author Anamika Mishra, Sub Editor
A new study by the Global Trade Research Initiative (GTRI) highlights a growing global trend called “tariff shopping,” likened to the earlier practice of “treaty shopping” used to minimize income tax liabilities. The report observes that escalating import duties between the US and China reaching as high as 145% on some Chinese goods are prompting global buyers to seek alternative production and sourcing bases.Amid uncertainty over how long these US tariffs will remain, businesses are moving quickly to adapt. Many are setting up assembly lines, contract manufacturing units, or joint ventures that meet the threshold of “substantial transformation” without needing to build full-scale industrial ecosystems.India and

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