The US will reduce tariffs on most Indian goods to 18% from 50% as part of a new trade agreement, aiming to address the large trade deficit. India has agreed to cut tariffs on a range of US products, including industrial goods, wine, and spirits, to zero. Sensitive Indian agriculture and dairy sectors remain protected under the deal.from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/tJuxYWp
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