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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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