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Major tariff cut for India, Trump says, as trade deal nears
Mint Chennai
|November 12, 2025
response to its proposal, which was shared during the recent round of BTA talks.”
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The overall 50% tariff on India came into effect on 27 Aug.
(HT)
The official added that India and the US are negotiating a comprehensive, WTO-compliant trade deal that addresses tariff and non-tariff barriers while promoting a predictable trade environment.
“We have taken into account the sensitivities of each sector during the talks to ensure the agreement supports India’s long-term trade interests,” the official said on the condition of anonymity.
This story is from the November 12, 2025 edition of Mint Chennai.
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