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 ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 India-UK Sign Social Security Agreement
- 2 India–Malaysia Bilateral Ties Strengthened
- 3 India and Israel Elevate Ties to Special Strategic Partnership
- 4 India-Brazil Strategic Ties Get New Impetus
- 5 India-Seychelles Relations: Expanding Cooperation Across Sectors
- 6 India-Greece Sign Defence Cooperation Pact
- 7 India-UK Offshore Wind Taskforce Launched
- 8 Expiry of New START Treaty Raises Concerns of a New Nuclear Arms Race
- 9 India Joins US-led Pax Silica Alliance
- 10 NATO Launches ‘Arctic Sentry’ Mission to Strengthen Presence in the Arctic
- 11 India Joins BRICS Centre for Industrial Competencies
- 12 India, Kazakhstan Review Strategic Partnership
- 13 Sweden-India Technology and Artificial Intelligence Corridor (SITAC)
- 14 Project Vault
- 15 Netherlands
- 16 Malaysia
