India-US trade deal: Donald Trump administration may cut tariff to below 20%; putting India in favourable position against other countries
Saturday, 12 July 2025 The United States is considering an interim trade agreement with India, potentially setting tariffs below 20%, a more favorable position than other regional nations. While many countries face tariff hikes, India may avoid a formal notice.
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US Treasury Secretary Scott Bessent expressed frustration with India's trade practices, particularly its purchase of sanctioned Russian oil, leading to potential... IndiaTimes
India-US trade deal: American President Trump aims for US market access into India, similar to the Indonesia trade deal. However, India seeks even lower tariffs,... IndiaTimes