<h1>India-US trade deal cuts US tariffs to restore market access for Indian exporters and boost bilateral trade and exports.</h1> An interim India-US trade framework reduces US reciprocal tariffs on specified Indian goods from 25 per cent to 18 per cent to restore and expand market access for Indian exporters, promote export diversification, and stimulate bilateral trade. The statement connects the trade measure to broader external agreements that now include social security coverage for Indian workers abroad and to the Union Budget 2026 27, which is presented as aligned with a long term development strategy, fiscal discipline, and allocations intended to support growth, employment, and infrastructure.