Vance is travelling to India amid the rising global concerns over President Donald Trump’s tariff tussle and both sides are likely to deliberate on firming up of the proposed trade deal that is aimed at addressing issues relating to levies, market access and supply chains.

US Commerce Secretary says tariff exemptions on electronics temporary

It’s the latest tariff change by the Trump administration, which has made several U-turns in its massive plan to put tariffs in place on goods from most countries. Lutnick’s comments Sunday made clear that more changes were on the way, including a policy specific to the computer chip industry.

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