India Delays U.S. Trade Talks
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Trump plans to lower tariffs on Indian goods to 18% after India agreed to stop buying Russian oil
President Donald Trump says he plans to lower tariffs on goods from India to 18%, from 25%, after Indian Prime Minister Narendra Modi agreed to stop buying Russian oil.
Tariffs may rise and fall with political cycles. Administrations will change. But structural competitiveness endures.
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