Exclusive-India Eyes Tariff Cut on More Than Half of US Imports to Shield Its Exports, Sources Say
New Delhi estimated increases of 6% to 10% in tariffs on items such as pearls, mineral fuels, machinery, boilers and electrical equipments, which make up half its exports to the United States, due to reciprocal tax, both sources said.
India eyes tariff cut on US$23 billion of US imports, to shield US$66 billion in exports: sources
NEW DELHI] India is open to cutting tariffs on more than half of US imports worth US$23 billion in the first phase of a trade deal the two nations are negotiating, two government sources said, the biggest cut in years,
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Ahead of President Donald Trump's proposed announcement on April 2 regarding reciprocal tariffs on countries, including India ...
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