When is the India-US trade agreement expected to be finalized?

The India-US trade agreement is being targeted for finalization by March 2026.

What are the planned tariff adjustments between India and the US?

Tariffs are expected to be adjusted, moving from 25% down to 18%.

Where will the next phase of discussions for the India-US trade deal take place?

The next phase of discussions, focusing on the legal framework, will take place in Washington.

Home / Business and Economy / India-US Trade Deal Nears Reality

India-US Trade Deal Nears Reality

16 Feb

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Summary

India and US aim to finalize legal trade agreement by March 2026.
Tariffs are projected to decrease from 25% to 18%.
Negotiators are meeting in Washington next week to finalize the legal text.

India and the United States are progressing towards a formal trade agreement, having established the main points of their deal. Discussions are now shifting to the creation of a legal framework to codify these understandings.

Commerce Secretary Rajesh Agrawal confirmed that a joint statement detailing the agreement's contours has been signed. Chief negotiator Darpan Jain will lead a delegation to Washington next week to finalize the legal text, with the goal of completing the agreement by March 2026, though no strict deadline is imposed.

Significant tariff adjustments are anticipated, with a potential reduction from 25% to 18% currently under processing. This process is expected to be completed soon, possibly within the week. The focus remains on transforming the agreed-upon structure into a binding legal commitment.

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