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The recently-concluded India-UK Free Trade Agreement will see tariffs on gin and whisky being halved from 150% to 75%, making the distilled spirits cheaper in India, Reuters reported. Automotive tariffs will also be cut from 100% to 10%, making UK-imported vehicles cheaper. Other UK goods which will face lower tariffs include cosmetics, chocolates, soft drinks, electrical machinery and biscuits.
short by Ashley Paul / 10:30 pm on 06 May
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