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India Slashes Industrial Tariffs to Zero from 13.5% on US Exports

Published on: Feb. 3, 2026, 7:31 p.m. | Source: scanx.trade

US Trade Representative Greer announced in a CNBC interview that India has agreed to eliminate industrial goods tariffs on US exports, reducing them from 13.5% to zero. This represents a complete removal of trade barriers and marks a significant shift in India's trade policy, potentially enhancing bilateral trade flows and creating new opportunities for American exporters while encouraging foreign investment and technology transfer between the two nations.

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