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India and Mexico may consider launching formal bilateral trade negotiations

Dec 14, 07:33 AM IST 3 min read

India and Mexico are considering launching formal bilateral trade negotiations to shield Indian goods from impending high tariffs aimed at non-preferential trade partners, primarily targeting China. With Mexican lawmakers approving tariffs up to 50% effective January 2026, key Indian exports like automobiles and pharmaceuticals may be impacted. The negotiations could provide temporary exemptions and avoid disputes as both nations seek to strengthen trade ties.

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