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India holds fire as Trump slaps tariffs

#economy #trade #protectionism
#IR #USA
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Tariff rates imposed by USA

#economy #trade #protectionism
#IR #USA
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China hits back with 34% tariff on all U.S. products

#economy #trade #protectionism
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🇮🇳🤝🇨🇦 India, Canada agree to restart the stalled negotiations on the Early Progress #Trade Agreement (EPTA) after leaders meet, says India Readout on Modi-Carney meeting

#IR
🔴 India is not desperate to conclude an early-tranche trade deal with the United States by the July 9 deadline when the Donald Trump administration's 90-day pause on reciprocal tariffs is expected to end, but both sides are positively engaged towards a pact despite challenges. India's interest is always supreme, a government officials said. #Policy #Trade

This signals the evolving thinking within the government not to go out of its way to please the U.S. in fear of the reciprocal tariffs that are likely to kick in early next month.
Russia oil helped India save $12.6 billion in 39 months

#IR #russia
#economy #trade
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