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India reviews import tariffs on over 30 products, potentially increasing US imports.
India plans to review import tariffs on over 30 products, including luxury cars and solar cells, which could lead to increased US imports.
This move follows efforts to reduce average tariffs from 13% to below 11% and comes amid growing pressure from the US.
The review includes lowering the Agriculture Infrastructure Development Cess (AIDC) on certain items, a process expected to take months.
3 months ago
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