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The United States and India have reached a historic framework for an Interim Trade Agreement, marking a major milestone in their economic partnership. This agreement reaffirms both countries’ commitment to the broader U.S.-India Bilateral Trade Agreement (BTA) negotiations, originally launched by President Donald J. Trump and Prime Minister Narendra Modi in February 2025. Under this Interim Agreement, India will reduce or eliminate tariffs on U.S. industrial and agricultural products, including dried distillers’ grains, red sorghum, tree nuts, fresh and processed fruits, soybean oil, wine, and spirits. The U.S. will apply reciprocal tariffs on Indian goods, including textiles, leather, home décor, artisanal products, machinery, and pharmaceuticals, while providing preferential access for certain aircraft, parts, and automotive components. The agreement also strengthens supply chain resilience, expands market access, addresses non-tariff barriers, and enhances cooperation on technology, digital trade, and investment. Notably, India plans to purchase $500 billion worth of U.S. energy, technology, aircraft, and precious metals over the next five years, creating unprecedented opportunities for businesses and consumers in both countries. This exclusive framework sets the stage for a mutually beneficial BTA and reinforces India’s position as a trusted global trade partner. #BusinessToday #PiyushGoyal #IndiaUSTradeDeal #InterimTradeAgreement #USIndiaTrade #ModiTrumpDeal #TariffReduction #18PercentTariff #AatmanirbharBharat #ViksitBharat2047 #MakeInIndia #500BillionTrade #FarmersProtected #PharmaExports #TextileExports #IndiaUSRelations #EconomicReforms #BilateralTradeAgreement #GenericMedicines #GemsAndDiamonds #AircraftParts ----------------------- Thank You for watching! Do not forget to Like | Comment | Share ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I Facebook: / businesstoday twitter: / business_today Instagram: / business_today