February 5, 2026 2:45 PM
First tranche of India-US trade deal in 4-5 days, formal pact by mid-March: Piyush Goyal
India is set to roll out the first tranche of its bilateral trade agreement (BTA) with the United States within the next four to five days, Commerce and Industry Minister Piyush Goyal said on Thursday. The initial phase of the agreement will lead to a reduction in US tariffs on Indian exports to 18 per cent. Goyal said a joint India-US statement is expected to be issued in the coming days. Following this, an executive order will be released, bringing the reduced 18 per cent tariff on Indian goo...


