India, US Trade Deal: Lower Tariffs on the Horizon
Update: 2025-10-22
Description
India and the U.S. are on the verge of a major trade deal that could slash tariffs on Indian goods to just 15%, making them far cheaper for American consumers! The agreement hinges on India reducing Russian oil imports and the U.S. opening up access for American corn and soymeal. With most issues resolved, the deal awaits final approval and could be announced at the ASEAN Summit, potentially boosting both economies amid ongoing trade tensions with China.
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