The ongoing Trump tariffs saga continues to take new turns, especially following the president’s announcement of a proposed 50% tax on EU goods. Now, the US and India are allegedly close to reaching a trade agreement, which could happen in the next 10 days. This is bullish for the market, considering how crypto assets reacted positively when the US and China reached an agreement earlier this month. Trump Tariffs: US & India Close To Trade Deal According to a CNBC-TV18 report, the US and India are close to making a breakthrough in trade negotiations as part of a move to lower the 26% tax that resulted from the Trump tariffs last month. Both parties could reportedly reach an initial agreement in the next seven to ten days. As part of the agreement, the US would partially exempt Indian goods from the 26% reciprocal tariffs. Meanwhile, the US may impose a 10%… Read More at Coingape.com
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