India-UK FTA: Trade deal offers tariff safeguards; domestic...

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India-UK FTA: Trade deal offers tariff safeguards; domestic industry gets protection buffer

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India's new trade deal with the UK includes safeguard measures, allowing tariff hikes on British imports if domestic industries face harm. Valid initially for two years, extensions up to four years are possible, with UK retaliation rights triggered only after the extension. Provisional safeguards can be enforced for 200 days in emergencies.

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