Sunday, March 30, 2025

India open to clearing import duty hurdle for US auto parts

India is considering reducing or eliminating customs duties on US auto parts, which currently range between 10% and 15%. This move is part of ongoing trade talks to finalize a Bilateral Trade Agreement aimed at mutually beneficial outcomes, despite the high cost of US-made parts.

from Auto-Industry-Economic Times https://ift.tt/gAcqFaf

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