India to Keep Some Farm Protections, Buy US Aircraft, Arms & Energy in Trade Deal
Trade Deal Emerging
India and the United States are working on a tariff-reducing trade agreement to strengthen economic ties
Farm Sector Shielded
India will keep protections on key agricultural products while granting some access for US farm goods
Tariffs & Market Access
Tariffs on many US industrial and agricultural exports will be cut or eliminated under the agreement
Big US Purchases
India has agreed to gradually buy more US-made aircraft, defence equipment, petroleum and energy products
Tariff Reductions Both Ways
The US is set to cut tariffs on Indian exports from around 50% to about 18% in return
With Our Subscription Plans
Open demat account in 5 minutes*
Open Demat A/C G-L92HWH8MZR