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

Money
N
News18•07-02-2026, 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.
✦
More like this
Loading more articles...





