https://www.taxtmi.com/news?id=70547 India committed to a purchase commitment of USD 500 billion of US goods over five years, covering energy, aircraft and parts, precious metals, technology products, coking coal and high end machinery, with existing orders included. The framework relies on tariff differentials to preserve competitive advantage for Indian exports and anticipates sectoral demand (aviation, steel, data centres) to drive imports. It expressly provides safeguard mechanisms and sensitivity exclusions, with no duty concessions on dairy, GM products, meat, poultry, soya meal and corn, and is described as a work in progress joint statement. en-us Sun, 08 Feb 2026 18:01:04 +0530 Sun, 08 Feb 2026 18:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=70547 India committed to a purchase commitment of USD 500 billion of US goods over five years, covering energy, aircraft and parts, precious metals, technology products, coking coal and high end machinery, with existing orders included. The framework relies on tariff differentials to preserve competitive advantage for Indian exports and anticipates sectoral demand (aviation, steel, data centres) to drive imports. It expressly provides safeguard mechanisms and sensitivity exclusions, with no duty concessions on dairy, GM products, meat, poultry, soya meal and corn, and is described as a work in progress joint statement. News - Sun, 08 Feb 2026 18:01:04 +0530 https://www.taxtmi.com/news?id=70547