India Seeks Zero or Preferential US Tariffs to Advance Bilateral Trade Deal

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Commerce Minister Piyush Goyal has stated that the future of a trade agreement between India and the United States depends on securing favorable tariff terms. India is pushing for tariff rates comparable to, or better than, those the US currently offers competing nations such as Vietnam and Bangladesh. New Delhi is specifically seeking either reduced or zero-rate tariffs to level the playing field for Indian exporters. The minister's remarks underscore that preferential tariff treatment remains a central condition for any deal to move forward.

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