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The U.S. cancels trade team visit to India due to ongoing trade tensions, including tariffs.
The US has canceled its trade team's visit to India for the next round of bilateral trade negotiations scheduled for August 25. This delay comes amid ongoing trade tensions, including a 50% tariff imposed by the US on Indian goods. Both countries aim to finalize an interim deal by the end of 2025 and increase bilateral trade to $500 billion by 2030. The talks cover various sectors, including market access and digital trade, but have been affected by disputes over tariffs and market access for American and Indian goods.
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