India Seals 5 Major Trade Deals in 12 Months, US Latest Partner

• India has successfully concluded five significant trade agreements within the last year, with the US pact being the most recent on February 2, 2026.
• The US deal involves reciprocal tariff reductions, with US duties on Indian goods dropping to 18% and Indian duties on American products expected to reach zero.
• The India–European Union trade deal, finalized on January 27, aims to eliminate or significantly reduce tariffs on 90% of goods, benefiting textiles, engineering, marine products, and automobiles.
• Other key agreements include the CETA with the UK (July 2025), CEPA with Oman (December 2025), and an FTA with New Zealand (December 2025), all providing substantial tariff reductions and market access.
• These deals highlight India's strategy to secure better market access and manage global trade uncertainties, with more negotiations underway with Peru, Chile, Israel, and the EAEU.

Why It Matters: India rapidly secured five major trade deals across continents, boosting market access and economic ties.