The United States has agreed to reduce tariffs on a broad range of Indian imports to 18 percent following the conclusion of a trade agreement aimed at easing long standing economic frictions between the two countries.
Officials from both sides confirmed that the deal was reached after extended negotiations focused on market access regulatory alignment and supply chain cooperation.
The revised tariff structure is expected to benefit Indian exporters in sectors such as pharmaceuticals textiles and technology components while expanding opportunities for United States agricultural and energy exports into the Indian market.
Government representatives described the agreement as a strategic recalibration that strengthens economic ties between two key partners.
Economists say the move could lower consumer costs in the United States while encouraging manufacturing growth in India. Business groups welcomed the decision citing improved predictability for investment planning.
Analysts also noted the broader geopolitical significance of the agreement as global trade patterns continue to shift and countries seek more resilient partnerships.
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