US trade deal: Government looks at duty cuts by both sides |...

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US trade deal: Government looks at duty cuts by both sides

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India aims for a "preferential and sustained advantage" in its trade deal with the US, seeking tariff reductions to boost market access and double trade to $500 billion. Negotiations are progressing towards an early tranche before July 9, with India focusing on lower duties for its labor-intensive products. Both countries are targeting a comprehensive bilateral trade pact by Fall.

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