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US wants 0% tariff on cars in India trade deal: Report
short by Pragya Swastik / on Wednesday, 5 March, 2025
US wants India to eliminate tariffs on car imports under a proposed trade deal, Reuters reported. However, India is reluctant to immediately reduce such duties to zero. Taxes on cars imported into India are as high as 110%, which both Tesla CEO Elon Musk and US President Donald Trump have criticised as being among the steepest.
read more at Moneycontrol