https://www.taxtmi.com/news?id=69910 The Indo US trade framework reduces many US import duties on Indian goods to 18% (from higher rates including 50% and certain 25% punitive tariffs) while preserving carve-outs for sensitive agricultural sectors such as dairy, rice, wheat, meat, poultry, cereals, GM foods, soymeal and maize. Implementation will include immediate eliminations in some areas, phased reductions in others, quota-based concessions for particular sectors, and is contingent on a joint statement and completion of technical steps. The pact pairs tariff concessions with reciprocal Indian purchases of US goods across energy, technology, aircraft and data centre equipment. en-us Tue, 03 Feb 2026 21:31:03 +0530 Tue, 03 Feb 2026 21:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69910 The Indo US trade framework reduces many US import duties on Indian goods to 18% (from higher rates including 50% and certain 25% punitive tariffs) while preserving carve-outs for sensitive agricultural sectors such as dairy, rice, wheat, meat, poultry, cereals, GM foods, soymeal and maize. Implementation will include immediate eliminations in some areas, phased reductions in others, quota-based concessions for particular sectors, and is contingent on a joint statement and completion of technical steps. The pact pairs tariff concessions with reciprocal Indian purchases of US goods across energy, technology, aircraft and data centre equipment. News - Tue, 03 Feb 2026 21:31:03 +0530 https://www.taxtmi.com/news?id=69910