India-US Trade Deal: A Big Win for Indian Farmers and Exporters

Opinion
N
News18•07-02-2026, 23:05
India-US Trade Deal: A Big Win for Indian Farmers and Exporters
- •The India-US Trade Framework reverses punitive tariffs, unlocking trade potential and laying the foundation for a comprehensive Bilateral Trade Agreement (BTA).
- •Tariffs on Indian goods reduced from up to 50% to 18% or even 0% for several items, boosting sectors like textiles, gems, chemicals, and seafood.
- •Key Indian export sectors like textiles, carpets, diamonds, organic chemicals, machinery, and shrimp will see significant gains and competitive advantages.
- •Zero tariffs apply to high-value items including generic pharmaceuticals, spices, tea, coffee, and select fruits, opening the $30 trillion US market.
- •India safeguarded domestic interests, protecting agriculture, dairy, and fisheries from US imports, with PM Modi affirming non-negotiable priorities for farmers.
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