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US extends suspension of reciprocal tariffs on India until August 1
Jul-08-2025

Offering relief to Indian exporters and fostering ongoing trade negotiations, the US has extended the suspension of reciprocal tariffs on India until August 1, 2025. This extension allows both nations additional time to resolve outstanding issues and potentially finalize an interim trade deal. India, which is negotiating a trade pact with the US, was not included in the list of countries that received tariff letters from the Trump administration. 

The Trump administration sent the first tranche of letters to various countries detailing the tariffs that the US will impose on products from those countries entering American markets from August 1. Bangladesh, Indonesia, Japan, South Korea, Malaysia, Thailand, South Africa, Bosnia and Herzegovina, Cambodia, Kazakhstan, Lao, Serbia and Tunisia are among the countries that received letters signed by US President Donald Trump.

Earlier, on April 2, the US President announced reciprocal tariffs against a number of countries, including India (26 per cent), but paused the implementation of these duties for 90 days, giving all trading partners a July 9 deadline to negotiate and reach a trade deal with Washington.


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