https://www.taxtmi.com/news?id=47530 The bilateral trade agreement with the US is likely to cut India's goods trade surplus by increasing Indian imports-notably energy, some agriculture products and defence equipment-because India's tariffs are higher and will be reduced; first tranche expected by September. Exports may not surge since many leading Indian exports are already duty free and US policy emphasizes reducing its trade deficit with India. en-us Wed, 25 Jun 2025 11:46:03 +0530 Wed, 25 Jun 2025 11:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=47530 The bilateral trade agreement with the US is likely to cut India's goods trade surplus by increasing Indian imports-notably energy, some agriculture products and defence equipment-because India's tariffs are higher and will be reduced; first tranche expected by September. Exports may not surge since many leading Indian exports are already duty free and US policy emphasizes reducing its trade deficit with India. News - Wed, 25 Jun 2025 11:46:03 +0530 https://www.taxtmi.com/news?id=47530