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India Takes Bold Step to Finalize Trade Deal with Trump Administration
India has signaled its readiness to significantly reduce tariff gaps in a bid to accelerate the conclusion of a trade agreement with the United States, sources familiar with the negotiations have revealed. The proposed reduction—slashing the tariff gap by two-thirds—marks one of the country’s most ambitious trade moves in recent years.
The urgency behind India’s latest offer stems from its desire to strengthen economic ties with the U.S. and resolve lingering trade disputes. The Trump administration, which had previously called for deeper concessions, may see this offer as a step toward a more balanced trade relationship.
While details of the agreement are still being finalized, this development suggests India is prioritizing strategic trade partnerships to bolster its economic standing globally. Experts believe that the proposed deal, if completed, could reshape economic relations between the two nations, fostering increased trade and investment opportunities.
Whether this move will be enough to seal the agreement remains to be seen, but India’s willingness to make substantial trade compromises underscores its commitment to securing a deal with Washington.
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