The newly announced India-US trade deal has been hailed by US Ambassador Jamieson Greer as a landmark agreement that lowers tariffs, removes trade barriers, and expands market access. The deal promises fresh opportunities for farmers, entrepreneurs, and producers in both countries, strengthening bilateral ties and boosting economic cooperation.
India-US Trade Deal – February 7, 2026
The India-US trade agreement, announced jointly by President Donald Trump and Prime Minister Narendra Modi, marks a significant step in deepening economic ties between the two nations. Ambassador Greer emphasized that the deal will unlock India’s vast market for American goods while creating reciprocal opportunities for Indian exporters.
Key Highlights:
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Tariff Reductions: Tariffs on Indian exports to the US reduced to 18%, boosting competitiveness.
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Agricultural Access: India opens its market to select US agricultural products, while safeguarding sensitive sectors like dairy.
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Industrial Goods: Lower tariffs across all US industrial goods, enhancing bilateral trade flows.
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Entrepreneurial Opportunities: Agreement expected to create new avenues for farmers, SMEs, and entrepreneurs in both countries.
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Strategic Impact: Strengthens bilateral relations, supports resilient supply chains, and expands trade volumes.
Conclusion
This trade deal represents a milestone in India-US relations, offering balanced benefits to both economies. By lowering barriers and expanding access, it sets the stage for stronger partnerships in agriculture, industry, and entrepreneurship.
Sources: ANI, Times of India, Financial Express, The White House