Key Metrics
11.14
Heat Index-
Impact LevelMedium
-
Scope LevelNational
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Last Update2026-02-07
Key Impacts
Positive Impacts (7)
Negative Impacts (3)
Event Overview
The trade deal highlights a mutual commitment to economic cooperation, focusing on market access and tariff adjustments. It reflects the ongoing efforts to strengthen bilateral trade relations and balance economic interests between the two nations.
Collect Records
U.S. and India Agree on Provisional Trade Deal Framework
The U.S. and India have agreed on a provisional trade deal framework, reaffirming their commitment to broader bilateral trade negotiations initiated by Presidents Trump and Modi in February 2025. The agreement includes enhanced market access commitments. India will reduce or eliminate tariffs on U.S. industrial, food, and agricultural products. In return, the U.S. will impose an 18% 'reciprocal tariff' on certain Indian goods, including textiles, apparel, leather, footwear, plastics, rubber, organic chemicals, home decor, handicrafts, and some machinery.