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Top Gulf Business News
Tariffs · IndiaUS President Donald Trump and Indian Prime Minister Narendra Modi have agreed to a trade deal that significantly cuts US tariffs on Indian goods, a move aimed at easing longstanding trade tensions between the two largest democracies. Under the agreement, the levy that stood at 50 per cent has been reduced to 18 per cent, with Washington withdrawing the extra penalty previously linked to India’s purchase of Russian crude oil and leaving only the revised reciprocal tariff in place.See the Story
India Gains Edge as US Tariff Deal Lowers Rates Below China, Pakistan, Indonesia
52% Right coverage: 25 sources
Sanctions · IranUS investigators are cracking down on Iran’s booming crypto scene. Both state actors and individual investors have turned to digital currencies, for different purposes. The US Treasury is probing whether crypto platforms have allowed Iranian security forces — cut off from traditional international finance systems — to evade sanctions when seeking to move money abroad or procure goods, Reuters reported Tuesday. The country’s Islamic Revolutionary…See the Story
Iran’s Booming Crypto Scene Draws US Scrutiny
Coverage: 2 sources
