https://www.taxtmi.com/news?id=72467 India and the US are negotiating finer details of a bilateral trade agreement after the US Supreme Court's decision against sweeping reciprocal tariffs imposed under the International Emergency Economic Powers Act. The framework already announced contemplates preferential access to the US market for India and tariff reductions on Indian goods, including removal of the tariff linked to Russian oil purchases and a further reduction in the remaining tariff burden, as both sides work toward expanded bilateral trade. en-us Mon, 20 Apr 2026 23:16:03 +0530 Mon, 20 Apr 2026 23:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72467 India and the US are negotiating finer details of a bilateral trade agreement after the US Supreme Court's decision against sweeping reciprocal tariffs imposed under the International Emergency Economic Powers Act. The framework already announced contemplates preferential access to the US market for India and tariff reductions on Indian goods, including removal of the tariff linked to Russian oil purchases and a further reduction in the remaining tariff burden, as both sides work toward expanded bilateral trade. News - Mon, 20 Apr 2026 23:16:03 +0530 https://www.taxtmi.com/news?id=72467