India Says 18% US Tariff Rate to Kick In After Joint Statement
Market Intelligence Analysis
AI-PoweredIndia's trade minister announced that a joint statement between India and the US is expected to be signed within 4-5 days, which will reduce the tariff rate on India's exports to the US to 18%.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
India’s exports to the US will be subject to a reduced tariff rate of 18% once the two sides sign a joint statement, expected within the next four to five days, the country’s trade minister said, shedding more light on this week’s surprise agreement between the two nations.
Analysis and insights provided by AnalystMarkets AI.