https://www.taxtmi.com/news?id=70400 An interim trade framework sets reciprocal tariff reductions-many tariffs capped at 18% and zero tariffs for specified goods-and sectoral market access expansions for textiles, leather, chemicals, pharmaceuticals, gems, aircraft parts and select machinery. It includes negotiated exemptions, tariff rate quotas, mutually agreed rules of origin, commitments to remove non-tariff and digital trade barriers, measures to ease access for medical devices and ICT goods, and a reciprocal modification mechanism tied to tariff changes, alongside coordinated actions to strengthen supply chain resilience and technology trade. en-us Sat, 07 Feb 2026 07:31:04 +0530 Sat, 07 Feb 2026 07:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=70400 An interim trade framework sets reciprocal tariff reductions-many tariffs capped at 18% and zero tariffs for specified goods-and sectoral market access expansions for textiles, leather, chemicals, pharmaceuticals, gems, aircraft parts and select machinery. It includes negotiated exemptions, tariff rate quotas, mutually agreed rules of origin, commitments to remove non-tariff and digital trade barriers, measures to ease access for medical devices and ICT goods, and a reciprocal modification mechanism tied to tariff changes, alongside coordinated actions to strengthen supply chain resilience and technology trade. News - Sat, 07 Feb 2026 07:31:04 +0530 https://www.taxtmi.com/news?id=70400