US tariffs on India cut to 18%; $30 trillion market access – India-US trade deal explained in 10 points – The Times of India
India and the United States released a joint statement on Saturday, announcing the framework for an interim trade agreement. Under the newly announced trade pact, tariffs on Indian goods will drop from 50% to 18%. “The US and India are pleased to announce that they have reached a framework for an Interim Agreement regarding reciprocal…