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The Economic Times

National / The Economic Times

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USIndia $500 billion interim trade framework: Read the full formal text

The United States and India have announced a framework for an Interim Trade Agreement, building on their commitment to a broader Bilateral Trade Agreement. This agreement includes tariff reductions on U.S. goods by India and reciprocal tariffs by the U.S. on Indian products, alongside commitments to address non-tariff barriers and enhance supply chain resilience.

7 Feb 2026 9:46 am