Trump Considers Tariff Cuts on India as Sergio Gor Officially Sworn In as U.S. Ambassador

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Source: CNBC
Trump Considers Tariff Cuts on India as Sergio Gor Officially Sworn In as U.S. Ambassador
Photo: CNBC
TL;DR Summary

U.S. President Donald Trump indicated a potential reduction in tariffs on Indian goods following Sergio Gor’s swearing-in as ambassador to India, signaling a possible move towards a trade deal amidst ongoing tensions over Russian oil imports and strategic ties. Despite Trump’s comments, data shows Russian oil imports to India remain steady, and India continues to strengthen its ties with Russia, complicating the US-India relationship. The appointment of Gor aims to expedite negotiations, but also raises concerns about diplomatic volatility.

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