India, US Release Joint Statement To Seal Interim Trade Deal Framework

India-US Trade Deal: US President Donald Trump announced a deal with India last week to cut US tariffs on Indian goods to 18% from 50% in exchange for India halting purchases of Russian oil and lowering trade barriers.

Feb 7, 2026 - 11:30
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India, US Release Joint Statement To Seal Interim Trade Deal Framework
India-US Trade Deal: US President Donald Trump announced a deal with India last week to cut US tariffs on Indian goods to 18% from 50% in exchange for India halting purchases of Russian oil and lowering trade barriers.

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