India proposes cutting tariff gap with US to less than 4% from 13%...

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2025-05-09 10:42:05 -

India proposes cutting tariff gap with US to less than 4% from 13% to clinch trade deal with Donald Trump: Report

India has proposed significantly reducing its tariff differential with the US to under 4% to secure exemptions from existing and future tariffs. This move aims to boost the $129 billion bilateral trade, currently favoring India with a $45.7 billion surplus.

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