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India Current Events: February 7, 2026
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As of February 7, 2026, which significant change has the US implemented regarding Indian exports under the new Interim Trade Agreement?
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A
Reduction of tariffs from 50% to 18%
💡 Explanation:
The agreement marks a major shift, reducing US tariffs on key Indian goods from 50% down to 18%, significantly boosting export competitiveness.