<h1>India US trade agreement cuts reciprocal tariffs to 18% and contemplates zeroing certain tariffs and barriers, with major purchase commitments.</h1> The bilateral trade agreement reduces the reciprocal tariff on Indian goods to 18 per cent from 25 per cent and contemplates India reducing certain tariffs and non tariff barriers to zero for specified US goods, with a stated commitment for India to purchase substantial volumes of US goods, including energy, reportedly exceeding USD 500 billion.