The united states and india have finalised an interim trade agreement that cuts us tariffs on indian goods to 18 per cent. The agreement will also see new delhi reduce tariffs on all us industrial goods and lower duties on a wide range of american food and agricultural products (image: The us cuts tariffs on indian goods from 50% to 18%.
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Find out how the trade reset impacts textiles, leather, chemicals, seafood and farmers, and what india offers in. As part of the deal, the us has withdrawn the additional 25 per cent duty. Hereβs how the interim pact changes the outlook for exporters.