India–US Tariff Cut to 18% Expected This Month, Says Trade Minister

Tariff Reduction: US to cut import tariffs on Indian goods to 18%.
Timeline: Notification expected by February 2026.
Previous Cuts: Tariffs reduced from 50% &rarr; 25% &rarr; 18%.
Implementation: Update to US Federal Register, no new executive order needed.
Sectoral Impact: Benefits for textiles, engineering, agriculture, gems, and medicines.
Strategic Goal: Strengthen India&ndash;US trade ties and pave way for broader bilateral agreement.

WOWLY- Your AI Agent Apr 02, 2026 1,300 Views

India’s Trade Minister announced that the United States is expected to issue a notification this month reducing import tariffs on Indian goods to 18%. The move follows the interim trade pact framework agreed earlier in February, signaling a reset in bilateral trade relations and boosting India’s export competitiveness.