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India Faces 26% US Tariffs Amid Trade Talks
- India's apex exporters' body, FIEO, warns of impact from US tariffs.
- Ajay Sahai, FIEO CEO, says India is better placed than other countries.
- Bilateral trade agreement negotiations could provide relief.
- US President Trump announces 26% reciprocal tariffs on India.
- India has a trade surplus with the US, with key exports including pharmaceuticals and telecom instruments.
Source: Ndtv, Moneycontrol
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