https://www.taxtmi.com/news?id=43463 Negotiations targeted high bilateral tariffs with officials reporting substantial progress toward de escalation and opening commercial channels. Both sides agreed to establish a consultation mechanism for continued trade and economic dialogue, with a joint statement to follow; detailed terms, sequencing of reciprocal tariff reductions, and modalities of the mechanism were reserved for later disclosure. en-us Mon, 12 May 2025 03:01:03 +0530 Mon, 12 May 2025 03:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=43463 Negotiations targeted high bilateral tariffs with officials reporting substantial progress toward de escalation and opening commercial channels. Both sides agreed to establish a consultation mechanism for continued trade and economic dialogue, with a joint statement to follow; detailed terms, sequencing of reciprocal tariff reductions, and modalities of the mechanism were reserved for later disclosure. News - Mon, 12 May 2025 03:01:03 +0530 https://www.taxtmi.com/news?id=43463