Live Market Updates
Latest Financial News
News Feed
1 articles
Personalized
Live Market Updates
Latest Financial News
positive
1 day agoIndian-US trade deal nears close, US tariffs on Indian goods may drop to ~15-16%
India and the United States are reportedly close to finalising a long-awaited trade agreement that would cut US tariffs on Indian imports to around **15–16%**, down from current levels of up to 50%. The deal centres on energy and agriculture, and would require India to gradually reduce Russian crude oil imports, aligning with US sanctions efforts. Negotiations are in the final phase ahead of the upcoming ASEAN Summit, with both sides aiming for a formal announcement soon.
positive
1 day agoIndian-US trade deal nears close, US tariffs on Indian goods may drop to ~15-16%
India and the United States are reportedly close to finalising a long-awaited trade agreement that would cut US tariffs on Indian imports to around **15–16%**, down from current levels of up to 50%. The deal centres on energy and agriculture, and would require India to gradually reduce Russian crude oil imports, aligning with US sanctions efforts. Negotiations are in the final phase ahead of the upcoming ASEAN Summit, with both sides aiming for a formal announcement soon.
positive
Indian-US trade deal nears close, US tariffs on Indian goods may drop to ~15-16%
2 days ago
1 min read
77 words
India-US trade agreement may cut US tariffs on Indian goods to ~15-16%.
India and the United States are reportedly close to finalising a long-awaited trade agreement that would cut US tariffs on Indian imports to around **15–16%**, down from current levels of up to 50%. The deal centres on energy and agriculture, and would require India to gradually reduce Russian crude oil imports, aligning with US sanctions efforts. Negotiations are in the final phase ahead of the upcoming ASEAN Summit, with both sides aiming for a formal announcement soon.
India and the United States are reportedly close to finalising a long-awaited trade agreement that would cut US tariffs on Indian imports to around **15–16%**, down from current levels of up to 50%. The deal centres on energy and agriculture, and would require India to gradually reduce Russian crude oil imports, aligning with US sanctions efforts. Negotiations are in the final phase ahead of the upcoming ASEAN Summit, with both sides aiming for a formal announcement soon.
Tags:
trade deal
India
trade deal
India
US
tariffs
economy
Source:
Oct 22, 2025 • 08:26 IST