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Sources: US and India Small Trade Agreement Negotiations Completed, Average Tariff Rate May Be 10%

Summary: According to sources cited by CNBC, the average tariff rate under the small trade agreement between India and the US may be 10%. India and the US are expected to make a final decision on the trade agreement within the next 24 to 48 hours. Currently, negotiations for the Indo-US small trade agreement have been ...

According to sources cited by CNBC, the average tariff rate under the small trade agreement between India and the US may be 10%. India and the US are expected to make a final decision on the trade agreement within the next 24 to 48 hours. Currently, negotiations for the Indo-US small trade agreement have been completed, with discussions for a larger trade deal set to begin after July 9.

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