India-US Interim Trade Agreement Framework

On 7th February 2026, India and the United States announced that they have agreed on a framework for an Interim Trade Agreement to advance negotiations on a broader Bilateral Trade Agreement (BTA), aimed at enhancing market access, strengthening supply chains, and deepening economic cooperation.

Key Agreements

  • Tariff Reductions and Market Access: India will reduce or eliminate tariffs on U.S. industrial goods and several agricultural products, including nuts, fruits, soybean oil, and animal feed.
  • US Tariff Adjustments: The United States will apply a reciprocal tariff rate of 18% on Indian-origin goods, with provisions to remove tariffs on several products once the ....
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