https://www.taxtmi.com/news?id=70111 A first-tranche bilateral trade arrangement will begin with a joint statement to be signed imminently and converted into an exhaustive legal agreement by mid March; the United States will issue an executive order reducing its tariffs on Indian goods to 18 percent and India will reciprocally cut tariffs on specified US goods upon signature. The first tranche contains no investment commitment and focuses on tariff adjustments and reciprocity rather than investment liberalisation. en-us Thu, 05 Feb 2026 13:46:04 +0530 Thu, 05 Feb 2026 13:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=70111 A first-tranche bilateral trade arrangement will begin with a joint statement to be signed imminently and converted into an exhaustive legal agreement by mid March; the United States will issue an executive order reducing its tariffs on Indian goods to 18 percent and India will reciprocally cut tariffs on specified US goods upon signature. The first tranche contains no investment commitment and focuses on tariff adjustments and reciprocity rather than investment liberalisation. News - Thu, 05 Feb 2026 13:46:04 +0530 https://www.taxtmi.com/news?id=70111