The recent trade agreement between the United States and India, announced by President Donald Trump, has sparked significant attention and varied reactions. According to the Business Recorder, the deal will see US tariffs on Indian goods reduced from 50% to 18%, while India will lower tariffs on American industrial goods to zero from 13.5%. This agreement also includes India maintaining some agricultural protections, as noted by US Trade Representative Jamieson Greer, who mentioned that tariffs on items such as 'tree nuts, wine, spirits, fruits, vegetables, etc., they’re going down to zero.' However, commodities like rice, beef, soybeans, sugar, and dairy were excluded from the deal, reflecting India's previous trade stance with the European Union. The deal also involves India agreeing to cease purchasing Russian oil, a point highlighted by Al Jazeera, although Russia's Kremlin has not confirmed any such commitment from India.
POLITICS
Trump Announces Trade Agreement with India to Reduce Tariffs

US-India trade deal cuts tariffs, boosts exports, and shifts oil purchases, sparking market optimism but domestic criticism over transparency and geopolitical implications.
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The Hindu
Updated 9h agoIndia-U.S. trade deal will not include sensitive agricultural items and dairy: GoyalFEB 3, 4:39 PMRead →India’s exports to get further boost: Sitharaman on U.S. tariff cut announcementFEB 3, 12:38 PMRead →18% U.S. tariff on ‘Made in India’ products, says PM Modi after phone call with President TrumpFEB 3, 1:30 AMRead →Watch: After call with PM Modi, Trump announces trade deal with India, lowering of tariffs to 18%FEB 2, 7:30 PMRead →
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Business Recorder
Updated 10h agoUS trade chief says India to maintain some agriculture protections in deal with TrumpFEB 3, 3:15 PMRead →Trump’s tariff cut spells relief in India despite scant detailsFEB 3, 11:41 AMRead →India agrees to buy petroleum, defence goods, aircraft from US, official saysFEB 3, 5:57 AMRead →Indian shares poised to open near record-high levels after US trade dealFEB 3, 3:03 AMRead →US cuts tariffs on India to 18%, New Delhi agrees to end Russian oil purchasesFEB 2, 7:03 PMRead →
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Al Jazeera
Updated 12h agoGW
Geo World
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BOL News
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Tribune Latest
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Pakistan News Network
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BBC US & Canada
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Tribune Home
Updated 22h agoGB