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INDIA, U.S. MOVING TOWARDS A POSSIBLE BTA

The Sunday Guardian

|

February 08, 2026

TRADE DEAL

- Joyeeta Basu

In typical Donald Trump style, the US President took to Truth Social last week to announce what he said was a sweeping trade deal with India—saying that the 25% tariff imposed on Indian goods would be reduced to 18%, that India would bring its tariffs and non-tariff barriers against the US down to “ZERO”, commit to “BUY AMERICAN” at unprecedented levels including over $500 billion worth of US energy and other products, and even stop buying Russian oil.

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