India-US Trade Deal: Harley Bikes, US Liquor, Medicines to Get Cheaper

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News18•08-02-2026, 06:46
India-US Trade Deal: Harley Bikes, US Liquor, Medicines to Get Cheaper
- •India and the US finalize an interim trade agreement, set to be signed in March, reducing import duties on various American products.
- •Harley-Davidson motorcycles (800cc-1600cc) to enter India duty-free; duty on large cars (above 3000cc) reduced to 30%.
- •American wines and spirits will be cheaper, with a Minimum Import Price (MIP) to protect the domestic industry.
- •Tariffs reduced on nuts (pistachios, walnuts, almonds) and fruits (apples), with a quota-based system for sensitive items.
- •Life-saving medicines for cancer, heart disease, neurological problems, and modern medical equipment like pacemakers to become cheaper.
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