New Delhi, July 28 -- Indian textile and apparel exporters may lose some competitive edge in the US market despite being placed in a relatively favourable tariff bracket under new trade measures, according to a report by Emkay Research.

The report noted that the US has imposed a 10 per cent tariff on Indian exports under Section 301, lower than the 12.5 per cent levied on countries such as China, Vietnam, Brazil and Thailand. However, India has not been granted tariff-rate quota (TRQ) exemptions, which have been extended to competitors like Bangladesh, Cambodia, Indonesia and Malaysia, ANI reported.

Impact of TRQ Exemptions

TRQ exemptions allow duty concessions on specified volumes of textile and apparel imports made using US-origin co...