India-US Interim Trade Agreement (February 2026)
On 6-7 February 2026, India and the United States announced a framework for an Interim Trade Agreement — the most significant reset in bilateral trade relations in over a decade. The US lowered its reciprocal tariff on Indian goods from 25% to 18%. India committed to eliminating or reducing tariffs on all US industrial goods and a wide range of US agricultural products. The deal also addressed non-tariff barriers in medical devices and ICT goods.
- US tariff on Indian goods: reduced from 25% to 18%
- India's commitments: tariff cuts on US industrial goods, agricultural products (DDGs, sorghum, tree nuts, soybean oil, wine)
- US concessions: removal of tariffs on certain Indian aircraft parts; preferential tariff rate quota for Indian auto parts
- Additional potential: if the interim agreement succeeds, US would remove reciprocal tariff on generic pharmaceuticals, precious gems, and aircraft parts
- India also committed to addressing non-tariff barriers on US medical devices and ICT goods
● Tracked since February 09, 2026 · last seen February 19, 2026 · updates as the daily brief publishes
19 Feb '26
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16 Feb '26
India-US Trade Deal Raises Concerns Among Himalayan Apple Farmers Over Tariff Reduction
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