business / news / / CNBC TV18
India has launched a trade portal to connect exporters with US buyers, supporting its goal of doubling bilateral trade to $500 billion.
India launched the India-USA Trade Facilitation Portal to directly connect Indian exporters with US buyers.
KEY POINTS
- The US removed 25% additional tariffs on certain Indian exports after India’s imports of Russian oil.
- A US Supreme Court judgement in February 2026 invalidated reciprocal tariffs, changing the tariff landscape.
- The US now imposes 10% tariffs on certain products from all countries under Section 122 of the Trade Act, 1974.
- India will sign the Bilateral Trade Agreement with the US after the new US tariff structure is finalized.
COMPANIES
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