Post #4363

🇮🇳🇪🇺India-EU Trade Deal Slashes Car Tariffs India and the EU are poised to announce a trade agreement this week. The deal will significantly reduce tariffs on imported EU cars, initially to 40% from a high of 110%. Tariffs will eventually decrease to 10% over time, benefiting European automakers. Electric vehicles are excluded from tariff cuts for the first five years. Minas Tirith | 24/7 News channel