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#IndiaUSTrade #InterimTradeAgreement #TariffCut #EnergyTrade #BilateralRelations
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Read More... US Lifts Additional Tariffs on India as Interim Trade Deal Takes Shape
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By Ananya Srivastava
The United States has withdrawn the additional 25 per cent tariffs imposed on Indian goods over New Delhi’s purchase of Russian oil, as India and the US finalised the framework for an Interim Trade Agreement (ITA) aimed at resetting bilateral trade ties. Under the framework, overall US tariffs on Indian exports have been reduced to 18 per cent, down from earlier levels, officials from both countries confirmed on Friday.
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