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Sparsh Jindal

27th Feb 2025 · SEBI-Registered Analyst

India Weighs Tariff Cuts to Avoid US Reciprocal Levies

Indian officials are considering tariff reductions on imports, including cars and chemicals, to avert US President Donald Trump’s proposed reciprocal levies. Discussions cover key sectors like automobiles, pharmaceuticals, and electronics. While aiming for a US trade deal by fall, India also explores safeguards against cheap Chinese imports. The move reflects efforts to balance trade ties and economic interests.

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