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US Tariff Relief Boosts India and US Trade Ties

The Forecast 1 month ago National News

The United States has extended significant tariff relief to India, marking a positive turn in bilateral trade relations. US President Donald Trump signed an executive order removing the additional 25 percent import duty earlier imposed on Indian goods. The decision follows India’s commitment to halt oil purchases from Russia and expand imports from the United States, including technology, agricultural products, and coal, valued at nearly $500 billion. Trade experts believe the move will strengthen economic cooperation, enhance market access, and open new opportunities for Indian exporters. The development signals renewed momentum in India–US economic engagement.

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