https://www.taxtmi.com/news?id=42693 Reciprocal tariffs announced by the United States and a subsequent partial suspension have produced active negotiations with India aimed at avoiding elevated import duties. The U.S. maintains a baseline tariff regime and sectoral duties while negotiating a bilateral framework to address tariff levels and market access. U.S. objectives are to rebalance trade by opening Indian markets to American goods and technology, especially agricultural exports, and to secure commitments reducing tariff and non tariff barriers through reciprocal concessions. en-us Fri, 02 May 2025 15:16:04 +0530 Fri, 02 May 2025 15:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=42693 Reciprocal tariffs announced by the United States and a subsequent partial suspension have produced active negotiations with India aimed at avoiding elevated import duties. The U.S. maintains a baseline tariff regime and sectoral duties while negotiating a bilateral framework to address tariff levels and market access. U.S. objectives are to rebalance trade by opening Indian markets to American goods and technology, especially agricultural exports, and to secure commitments reducing tariff and non tariff barriers through reciprocal concessions. News - Fri, 02 May 2025 15:16:04 +0530 https://www.taxtmi.com/news?id=42693