New Delhi, Sept. 8 -- Israel's Ministry of Finance Chief Economist Shmuel Abramzon on Monday said the 50 per cent US tariff issue was likely to be "temporary" and expressed confidence that India and the US would reach an agreement.

Speaking to ANI, Abramzon said, "India is a good negotiator. I believe this is a temporary situation. India and the US, who are long-time partners and have a good and clear future together, will find an agreement to lower these tariffs."

The remarks come amid global economic uncertainties following the US imposition of a 50 percent tariff on Indian imports, supplemented by an additional 25 percent due to India's purchase of Russian crude oil.

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