Hope and uncertainty as India and US strike long-delayed trade deal
Adrian Bogdan
US President Donald Trump's decision to lower reciprocal tariffs on India from 50% to 18% has been met with a sense of relief in Asia's third-largest economy, even as precise details on the agreement remain sketchy. India paid the highest tariffs in the world after Trump raised import duties on Indian goods from 25% to 50% in August last year , saying Delhi's purchase of discounted Russian oil was helping fund Moscow's war effort in Ukraine. After his call with India's prime minister on Monday,
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