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

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