India-US Trade Deal: Tariff Cuts on Pulses, Farm Goods Announced

• White House announces a "historic trade deal" opening Indian markets to US products, including tariff cuts on industrial and agricultural goods.
• India will eliminate or reduce tariffs on US industrial goods and a wide range of agricultural products, notably "certain pulses" and other food items.
• India commits to significantly increasing purchases of American goods, totaling over $500 billion in energy, ICT, agriculture, and other sectors.
• US agrees to roll back additional 25% tariffs on Indian imports and further reduce reciprocal tariffs from 25% to 18%.
• Union Commerce Minister Piyush Goyal assures protection for Indian farmers, with Indian agricultural products exported to the US at zero duty, while sensitive commodities remain protected.