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India-US trade deal: Tariffs cut to 18%, $500 billion trade aim under interim framework
India and the US agreed on a 10 point interim trade framework targeting $500 billion in trade, including tariff cuts and broader strategic cooperation.
India and the United States outlined a 10 point interim trade framework targeting 500 billion dollars in bilateral trade.The proposal includes tariff reductions to around 18 percent, improved market access, defence and energy cooperation, and supply chain resilience. Leaders Narendra Modi and Donald Trump emphasised strategic alignment while negotiations continue on sensitive issues like agriculture and digital trade and technology governance remain under discussion.