https://www.taxtmi.com/news?id=69756 The agreement reduces the United States reciprocal tariff on Indian goods from 25% to 18% while India committed to reduce tariffs and eliminate certain non tariff barriers against U.S. exports; it also includes procurement commitments by India to increase purchases of U.S. goods, notably energy and technology, and requires implementing tariff schedule amendments and administrative action to effect changed customs treatment and market access under the bilateral trade framework. en-us Tue, 03 Feb 2026 08:31:02 +0530 Tue, 03 Feb 2026 08:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69756 The agreement reduces the United States reciprocal tariff on Indian goods from 25% to 18% while India committed to reduce tariffs and eliminate certain non tariff barriers against U.S. exports; it also includes procurement commitments by India to increase purchases of U.S. goods, notably energy and technology, and requires implementing tariff schedule amendments and administrative action to effect changed customs treatment and market access under the bilateral trade framework. News - Tue, 03 Feb 2026 08:31:02 +0530 https://www.taxtmi.com/news?id=69756