Joint statement on US trade deal soon, pact may be signed mid-March: Goyal

​Their tariffs are executive tariffs. Our tariffs are MFN tariffs (rates applicable to countries with which concessional or FTA rates have not been worked out). So MFN tariff reduction can only take place after the legal agreement is signed, but we hope to do it fast,” commerce secretary Rajesh Agrawal said.

Joint statement on US trade deal soon, pact may be signed mid-March: Goyal
​Their tariffs are executive tariffs. Our tariffs are MFN tariffs (rates applicable to countries with which concessional or FTA rates have not been worked out). So MFN tariff reduction can only take place after the legal agreement is signed, but we hope to do it fast,” commerce secretary Rajesh Agrawal said.