New Delhi: India and the United States are reportedly on the verge of finalising a landmark trade deal that could slash US tariffs on Indian exports. At present, the United States imposes around 50% tariffs on several Indian products. If the agreement comes through, that rate may drop to 15-16%, offering a major boost to exporters and the economy.. Long delayed, the pact is now gaining traction as discussions around energy cooperation and agricultural access advance rapidly.
Will White House punitive tariffs vanish? Speaking at a Kolkata event hosted by the India Chamber of Commerce, Chief Economic Advisor V. Anantha Nageswaran expressed confidence in the outcome. “While I don’t have a magic wand or inside access, I personally believe that in the next few months, or perhaps sooner, we wi