India offers 9% tariff cut to fast-track $129 billion US trade deal

India is preparing to cut its average tariff differential with the US by nearly 9 percentage points—bringing it down from 13% to under 4%—in a major step toward securing exemptions from President Donald Trump’s current and potential tariff hikes. The sweeping proposal, not previously reported in full, represents one of New Delhi’s boldest trade liberalisation […]