India's Tariff Diplomacy: A Confident Rise on the World Stage with US Deal

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Firstpost•04-02-2026, 17:20
India's Tariff Diplomacy: A Confident Rise on the World Stage with US Deal
- •The US has agreed to reduce tariffs on Indian goods from 50% to 18%, a move welcomed by PM Modi for 'Made in India' products.
- •In return, India will lower trade barriers and potentially reduce reliance on Russian oil, opting for US and Venezuelan imports.
- •This agreement signals India's growing confidence and proactive diplomacy, diversifying partnerships and ensuring economic stability.
- •The deal follows a landmark trade agreement with the European Union, further highlighting India's strategy to broaden global alliances.
- •Analysts view India's move towards energy diversification as strategic, reducing reliance on a single nation and integrating deeper with US tech and investment.
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