India gains tariff advantage over China, Pakistan, Bangladesh in US trade deal. The 50 per cent US levy included a 25 per cent reciprocal tariff and an additional 25 per cent import duty imposed over India's purchase of Russian crude oil. With the new deal, Washington has removed the extra penalty and lowered the overall rate. US President Donald Trump has announced a trade agreement with India that reduces tariffs on Indian goods from 50 per cent to 18 per cent, easing long-standing trade frictions between the two biggest democracies of world. #public #viral #feed #news #post #instagram #indiannews #importantupdate #reels #india #TradeTariffs #usa #DonaldTrump #NarendraModi #⛈मौसम अपडेट📰 #📰 आपके निकट नौकरियाँ #🌐 राष्ट्रीय अपडेट #🔴 क्राइम अपडेट #📹शॉर्ट अपडेट्स वीडियो 🎥