Indian and U.S. Officials are in trade discussions aimed at finalizing a deal by the July 9 deadline, focusing on agricultural and automobile sectors. India is considering an average tariff reduction to 10%, conditional on reciprocal commitments, to further integrate their economies.
The evolving crypto regulation in India could play a significant role in its trade strategy. Advocacy for tax reforms may enhance the country’s attractiveness for crypto investment, aligning with the larger goal of achieving a $500 billion trade target with the U.S.
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