The Economic Times

MAGA spooked MAGA: Indias deft negotiations and anxiety from US business groups pushed the ball

The India-US interim trade framework, released by the White House, reflects a careful compromise between the two nations. It provides immediate relief to Indian exporters, reducing US tariffs from 50% to 18%, secures continued technology access including GPUs for data centres, and establishes a predictable baseline for trade, though it falls short of Indias original ambitions.