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India-US Trade Deal

Interim Agreement Framework

The India-US Interim Trade Agreement announced on 6-7 February 2026 established a framework for phased tariff reductions. The US reduced its reciprocal tariff on Indian goods from 25% to 18%. India committed to reducing tariffs on US industrial goods, agricultural products, and addressing non-tariff barriers in medical devices and ICT goods. Labour-intensive sectors — textiles, gems, leather, agricultural goods, seafood, pharmaceuticals, electronics, and chemicals — are expected to be the primary beneficiaries.

Key details
  • US tariff on Indian goods: reduced from 25% to 18%
  • Key Indian export sectors covered: textiles, gems, leather, agricultural goods, seafood, pharma, electronics, chemicals
  • India's commitments: tariff cuts on US agricultural products (DDGs, sorghum, tree nuts, soybean oil)
  • Additional US concessions possible: removal of tariffs on generic pharmaceuticals, precious gems if interim deal succeeds
  • India-US bilateral trade: approximately USD 200 billion annually
In the news

Tracked since February 09, 2026 · last seen April 10, 2026 · updates as the daily brief publishes

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