Countries Act to Ease Trade Tensions with the U.S.
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Trade tensions between the U.S. and various countries are showing signs of moderation as the 90-day tariff reprieve unfolds. India has emerged as a key player, proposing zero tariffs in critical sectors like pharmaceuticals, automotive parts, and steel. This strategic move aims to incentivize reciprocal concessions from the U.S.
Malaysia and other nations are also adopting conciliatory measures to de-escalate trade conflicts. The global economic landscape remains sensitive to these developments, with markets closely monitoring potential Ripple effects.
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