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India Risks US Tariff of 25% as Deadline Nears
Business Standard
|July 30, 2025
India is preparing to face higher US tariffs likely between 20 percent and 25 percent on some of its exports as a temporary measure, as it holds off on fresh trade concessions ahead of Washington's August 1 deadline, government sources said.
Instead, India plans to resume broader trade negotiations when a US delegation visits in mid-August, with the goal of finalizing a comprehensive bilateral agreement by September or October, one of the officials told Reuters.
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