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    India-US trade talks postponed as Trump’s new 15% global tariff replaces planned 18% India-specific rate

    WASHINGTON: The high-level meeting between Indian and US chief negotiators, scheduled for February 23, has been postponed. The delay follows President Trump’s sudden decision to impose a 15% global tariff under Section 122 of the 1974 Trade Act. This move comes after the US Supreme Court struck down previous reciprocal tariffs, rendering the recently negotiated 18% rate for India irrelevant.

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