US Considers More Tariff Cuts for India After Interim Trade Deal

• US to consider further tariff reductions on Indian goods following Bilateral Trade Agreement talks.
• Tariffs on New Delhi already cut to 18% from 50% after a year-long discussion.
• Interim Trade Deal aims to open a $30 trillion market for Indian exporters.
• India will reduce or eliminate tariffs on American industrial goods, food, and agricultural products.
• US will slash reciprocal tariffs to 18% on Indian goods, including textiles, leather, and chemicals; zero tariffs on generic pharmaceuticals, gems, and diamonds.