The Indian government has reportedly reached an agreement with the EU to lower tariffs on cars imported into India from the bloc from 110% to 40%.Tariffs Could Go LowerThe two governments are expected to announce the deal this week, with the tariffs on imported cars further going down to 10% over time, Reuters reported on Sunday.The agreement would see an immediate reduction in tariffs by the Indian government on cars with an import price of around 15,000 Euros (approximately $17,700), anonymous sources cit ...