INDO-US TRADE DEAL IN WORKS

India, US close in on trade deal? In trade discussions with the US, India has put forward a proposal for zero-for-zero tariff arrangements on specific items including steel, auto parts and pharmaceuticals, based on reciprocity and limited to certain import volumes.

The discussions come at a time when US President Donald Trump has hit a 90-day pause button on proposed reciprocal tariffs. Many Asian countries, including South Korea, Japan and India, are at the forefront of securing interim agreements with the Trump administration.

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