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India's Ire & Britain's Bilateral Bargaining Brinkmanship
India threatens to withdraw tariff concessions from its free trade agreement with the United Kingdom if British steel safeguard measures restrict Indian exports. The UK proposes a fifty percent tariff on steel shipments exceeding reduced duty-free quotas, which India says unfairly limits its market access. British Business Minister Peter Kyle visits India on June second to meet Commerce Minister Piyush Goyal, aiming to bring the May 2025 trade agreement into force before the end of twenty twenty-six.
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