US-India Trade Pact Slashes Duties To 18%, Sidelines China, Bangladesh, Pakistan And Others In Asia

The United States and India have forged a landmark trade agreement that dramatically reduces American tariffs on Indian imports from 50 per cent to 18 per cent. President Donald Trump announced the deal on social media following a telephone conversation with Prime Minister Narendra Modi.This move rescinds a punitive 25 per cent duty imposed on Indian goods due to New Delhi’s purchases of Russian

February 3, 2026
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US To Scrap The 25% Russian Oil Penalty Tariff Entirely Says India

The White House has confirmed the removal of a 25 per cent additional tariff on Indian imports, previously imposed over New Delhi’s purchases of Russian oil.This development follows a freshly announced India-US trade deal, under which the United States has reduced its overall tariffs on India to 18 per cent. A senior White House official clarified to ANI that the tariff relief hinges on India

February 3, 2026
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