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US-India Trade Deal: 'Bharat' Edges Past China, Pakistan & Bangladesh As Tariffs Cut Off, How?
Posted
February 3, 2026
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February 3, 2026
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3:15Now PlayingThe US and India have finalized a trade deal after months of deadlock, with President Donald Trump announcing the agreement on Truth Social following a call with Prime Minister Narendra Modi. The US cut reciprocal tariffs on Indian goods to 18%, down from 25%, and removed the Russian oil–linked penalty, sharply reducing duties that earlier stood at 50%. The move gives India an edge over Asian export rivals, with lower tariffs than China, Vietnam and Bangladesh. While Trump claimed broader commitments, including major purchases and zero tariffs, full legal details are still pending.
US-India Trade Deal: 'Bharat' Edges Past China, Pakistan & Bangladesh As Tariffs Cut Off, How?
#us #india #china #trade #tradedeal #southasia #supplychain #exports #us #indiaustradedeal #mirrornow #worldnews #agreement
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