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50% tariff shock: India in touch with Mexico over ‘unilateral’ move; aim for 'stable and balanced trade environment'

5 months ago

India is actively engaging with Mexico over a "unilateral" tariff hike of up to 50% on a wide range of products. New Delhi seeks solutions beneficial to both nations while protecting Indian exporters' interests, as the increased duties are set to take effect from January 1, 2026.
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