US tariffs on India cut to 18%; $30 trillion market access – trade deal explained in 10 points
India and the US have announced a framework for an interim trade agreement, significantly reducing tariffs on Indian goods to 18%. This pact aims to boost bilateral trade, with India committing to substantial purchases of US energy and defense products, while also addressing non-tariff barriers and promoting digital trade.
India and the US have announced a framework for an interim trade agreement, significantly reducing tariffs on Indian goods to 18%. This pact aims to boost bilateral trade, with India committing to substantial purchases of US energy and defense products, while also addressing non-tariff barriers and promoting digital trade.
