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India, US agree on interim trade pact framework with 18% tariff on India
07 Feb 2026 05:34 GMT
… purchases of Russian oil and lowering trade barriers. Half of the 50% tariff had … the US and a preferential Tariff Rate Quota (TRQ) for automotive parts … livelihoods by completely protecting sensitive agricultural and dairy products, including maize …
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India, US unveil interim trade pact; cut tariffs, open $30 trillion market
07 Feb 2026 07:19 GMT
… parts, easing trade restrictions.
Tariff Rate Quota (TRQ) on auto parts … pharmaceuticals.
Protection of sensitive agriculture sectors: No tariff concessions on key products … India halting purchases of Russian oil and lowering trade barriers.
In August last …
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US, India unveil interim trade framework to cut tariffs and deepen ties
07 Feb 2026 07:29 GMT
… of Russian oil and reducing trade barriers. Half of the previous 50% tariff … of Russian crude, which Trump said were supporting Moscow’s … tariffs on all US industrial goods and a broad range of agricultural … parts, along with a quota for auto parts subject to …
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India-US trade deal: Apparel, footwear — Full list of items with 18% tariffs
07 Feb 2026 06:22 GMT
… for Indian exports
US tariffs removed on THESE items: … receive a preferential tariff rate quota for automotive parts … Russian oil.
Notably, after this cut, India has the second lowest tariffs … eliminate tariffs on a variety of US industrial and agricultural …
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India and US release a framework for an interim trade agreement to reduce Trump tariffs
07 Feb 2026 06:20 GMT
… trade agreement to lower tariffs on Indian goods, which … Modi agreed to stop buying Russian oil, Trump had said. … Delhi had opposed tariffs on sectors such as agriculture and dairy, … the deal protects “sensitive agricultural and dairy products” including maize …
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Trump removes 25% punitive tariff imposed on Indian goods for Russian oil purchases
07 Feb 2026 07:24 GMT
… said that the punitive tariff was being withdrawn as … stop “directly or indirectly importing Russian Federation oil”.
It added … tariffs” on all industrial goods and a range of food agricultural … of sensitive sectors such as agriculture and dairy will be …
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India and US release a framework for an interim trade agreement to reduce Trump tariffs
07 Feb 2026 07:26 GMT
… trade agreement to lower tariffs on Indian goods, which … Modi agreed to stop buying Russian oil, Trump had said. … Delhi had opposed tariffs on sectors such as agriculture and dairy, … the deal protects “sensitive agricultural and dairy products” including maize …
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India, US agree on interim trade pact framework slashing tariffs on Indian goods to 18%
07 Feb 2026 08:33 GMT
… farm and dairy items.
The US will bring down its reciprocal tariffs … directly or indirectly importing Russian Federation oil.....shall … give a preferential tariff rate quota for automotive parts, … tariff barriers to the trade in US food and agricultural …
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After 10 Months of Tariff Deadlock, US and India Find Common Ground on Trade
07 Feb 2026 09:02 GMT
… receive a preferential tariff-rate quota for automotive parts … non-tariff barriers affecting US food and agricultural products. … India’s protected farm sectors
Non-tariff barriers, including standards … s continued purchases of Russian oil
Despite multiple …
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US to lift Russia-related tariffs on India following preliminary trade deal
07 Feb 2026 08:54 GMT
… order, Trump said the Russia-related tariff would be lifted effective … statement, India will eliminate tariffs on all US industrial … on a broad range of agricultural and food products. These … will establish a preferential tariff-rate quota for auto parts …