India-US Trade Deal: Indian Farmers Hit Jackpot with Zero Tariff on Key Exports
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News1807-02-2026, 15:59

India-US Trade Deal: Indian Farmers Hit Jackpot with Zero Tariff on Key Exports

  • India-US Interim Trade Agreement (ITA) opens US market to Indian exporters, targeting $500 billion trade by 2030.
  • Indian spices, mangoes, tea, coffee, and other products to get zero tariff access to the US market.
  • Agreement protects India's agricultural and dairy sectors; no GM food products allowed into India.
  • US tariffs on Indian goods to reduce from 50% to 18%; additional 25% tax on Russian oil purchase canceled.
  • Both nations to reduce non-tariff barriers and strengthen digital trade and supply chains.

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