MUMBAI, (India): The United States may soon scrap the penal import tariff on Indian goods and also cut reciprocal tariff to 10-15% from the existing 25%, India's Chief Economist Adviser V. Anantha Nageswaran said on Thursday (Sept 18).
"My personal confidence is that in the next couple of months, if not earlier, we will see a resolution to at least to the extra penal tariff of 25%," Nageswaran said at a event in Kolkata.
