‘10% is the new zero tariff’: Trump seals trade deals with many countries - what do they mean for India?

Jul 23, 2025 - 23:30
‘10% is the new zero tariff’: Trump seals trade deals with many countries - what do they mean for India?

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Donald Trump's trade deals signal a new normal with base tariffs around 10-20%, impacting nations like Vietnam, Indonesia, Philippines, and Japan. An India-US trade deal remains elusive due to disagreements on agriculture and dairy, with potential tariffs expected to be above 10%.

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