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Digital Tariff Moratorium Extensions Impact
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India extends customs duties moratorium on digital trades until 2026, causing uncertainty in global digital commerce and impacting semiconductor manufacturers. The Semiconductor Industry Association supports the renewal of the WTO's Moratorium on Customs Duties on Electronic Transmissions for fostering innovation and growth in the semiconductor industry.
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How might the extension of the tariff moratorium impact India's digital trade sector and revenue streams?
In what ways does the permanence of the Moratorium on Customs Duties on Electronic Transmissions align with global economic trends and digitalization efforts?
What strategies could semiconductor manufacturers adopt to mitigate the effects of the extended moratorium on customs duties?
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