Trump Says India May Pay 20% to 25% Tariff But Not Yet Final
In a statement, President Donald Trump said that India may face a tariff rate of 20% to 25%, though the final levy has not yet been finalized. This comes as the United States and India are engaged in trade negotiations, with a deadline set for August 1st. Trump's remarks suggest that the tariff rate is still under discussion and subject to ongoing negotiations between the two countries. While the potential tariff range of 20% to 25% has been mentioned, the final decision has not been made. The trade talks between the U.S. and India are aimed at reaching a mutually beneficial agreement before the August 1st deadline. Both nations are working to find a solution that addresses their respective concerns and maintains a positive economic relationship.
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