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12.5% to 10%: Why Trump admin imposed reduced tariff rate on India & what it means - The Times of India
The Donald Trump administration has announced a fresh set of tariffs as its Section 122 duties expire on July 24. The new tariffs, imposed under the Section 301 probe, see India being levied a reduced tariff rate of 10% as against the proposed 12.5% earlier and are effective immediately.
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