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US-India trade: India's electronics sector gets 2-weeks reprieve from 25% tariffs effective August 1- Here's why

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Indian electronics sector gains a two-week reprieve from proposed US tariffs as Section 232, covering technology products, undergoes review amid bilateral talks. Trump's planned 25% tariff on Indian imports, alongside potential penalties for Russian military equipment purchases, creates uncertainty. Apple's iPhone export plans from India to the US face disruption, potentially impacting production scale-up and costs.
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