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

IndiaTimes Friday, 9 May 2025 ()
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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