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India, US make 'progress' on a joint trade-oil deal
Business Standard
|September 26, 2025
Bilateral trade talks had stalled mainly because of India's refusal to grant the US unhindered market access to its politically sensitive agriculture and dairy sectors.
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Trump's decision to impose a 25 per cent reciprocal tariff on India, along with an additional 25 per cent levy for purchasing Russian oil, had previously strained bilateral ties.
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