India-US trade deal: India wants Donald Trump administration to offer tariff rate lower than Indonesia; eyes competitive advantage

Jul 17, 2025 - 00:00
India-US trade deal: India wants Donald Trump administration to offer tariff rate lower than Indonesia; eyes competitive advantage

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India-US trade deal: American President Trump aims for US market access into India, similar to the Indonesia trade deal. However, India seeks even lower tariffs, below Indonesia's 19%. Negotiations are underway, targeting rates under 20%, potentially even below 10%.

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