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The Economic Times

Top News / The Economic Times

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India, US agree on interim trade pact framework with 18% tariff on India

India and the United States have agreed on a framework for an interim trade pact that will cut tariffs on Indian-origin goods to 18% from 50% and pave the way for a comprehensive Bilateral Trade Agreement covering goods, services, supply chains and digital trade. The two sides will also address non-tariff barriers and set rules of origin to ensure benefits largely accrue to both countries.

7 Feb 2026 9:07 am