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flag India nears U.S. interim trade deal, rejects rice dumping claims, and boosts Russia trade.

flag India is close to finalizing an interim trade deal with the U.S. to reduce tariffs, following six rounds of talks and a recent call between leaders. flag New U.S. claims of Indian rice dumping were rejected, with Indian officials stressing that over 80% of rice exports to the U.S. are premium basmati, not cheap surplus, and noting existing 50% tariffs make new duties unlikely. flag India has made its "best-ever offers" on trade, though U.S. restrictions on row crops remain a concern. flag The country is also boosting exports to Russia, aiming for $100 billion in trade by 2030.

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