12.5% to 10%: Why Trump admin imposed reduced tariff rate on India & what it means

Jul 24, 2026 - 20:00
12.5% to 10%: Why Trump admin imposed reduced tariff rate on India & what it means

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US Trade Representative Jamieson Greer announced the revised tariffs on 60 economies on Thursday, one day before the expiry of the temporary additional 10% duties that had been imposed on imports from all countries.

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