07 Feb 2026 | 5 Mins Read
India-US trade deal yields significant export gains for India
Flipitmoney
India and the US released a joint statement outlining their interim trade framework, providing clarity on tariff reductions, sectoral exclusions, and export opportunities. Key terms include a 50% to 18% reduction in reciprocal tariffs and zero-duty access for several Indian export categories like gems, diamonds, and generic pharma. Indian farmers remain fully protected under the agreement.