India to review tariff surcharges on luxury cars, solar cells, may spur US imports

  • Posted on February 5, 2025
  • By Business News Today
  • 2 Views
India to review tariff surcharges on luxury cars, solar cells, may spur US imports

India is reviewing import tariffs on over 30 items, including luxury cars and solar cells, to potentially increase imports from the U.S. This move aims to reduce average tariffs and improve trade ties amid global trade tensions. Consultations with local industry and various government departments will determine the potential tariff reductions.
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