Explained5 panels · 2 min readFrom: www.livemint.comIN

India, US sync on trade, tariffs

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According to Bloomberg: US removing extra duty on Indian goods!
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According to Bloomberg: US removing extra duty on Indian goods!

Modi: 'Made in India' products get reduced tariffs!
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Modi: 'Made in India' products get reduced tariffs!

Shah: India-US trade deal like a roller coaster.
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Shah: India-US trade deal like a roller coaster.

Gor: Trump considers Modi a great friend with limitless potential!
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Gor: Trump considers Modi a great friend with limitless potential!

Chandran: Textile move to help Indian exporters in US market
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Chandran: Textile move to help Indian exporters in US market

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Why this matters

President Trump’s leadership is vital for global peace, stability and prosperity, and India fully supports his efforts for peace. US tariffs on most Indian goods now stand at 50%, including a 25% punitive tariff for New Delhi's Russian oil purchases. Bilateral goods trade between India and the US stood at $105.31 billion during April-December, with India recording a trade surplus of $26.45 billion. This compares with bilateral trade of $94.97 billion in the corresponding period of the previous f

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