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US trade pact close, comprehensive deal to skip patents
Mint Hyderabad
|October 02, 2025
and atomic energy, but issues such as patents and certain regulatory matters will stay outside its scope," said the first among the two cited above. "It will also include services and investment flows, while addressing procedural barriers that businesses face in accessing each other's markets.
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India is facing the highest US tariff of 50% currently.
(AF)
India's exports to the US increased from $34.21 billion in FY25 (April-August) to $40.35 billion in FY26 over the same period, an increase of 18.0%. Imports also grew by 8.5%, from $19.91 billion to $21.61 billion.
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