# A joint statement is expected within the next four to five days, paving the way for the United States to issue an executive order lowering tariffs to 18%.

*business · news · 2026-02-05 · Times of India*

## Key points

- The first tranche of the India–US trade agreement is already finalized and ready for announcement.
- A US executive order will lower tariffs to 18%, pending a joint statement in four to five days.
- India's tariff reductions require the legal agreement's signing, which is expected by mid-March.
- Negotiations safeguarded key sensitive sectors, like agriculture and dairy, from full trade liberalization.

**Countries:** India, United States

[Read the full story on Times of India](https://timesofindia.indiatimes.com/business/india-business/india-us-trade-deal-joint-statement-in-next-45-days-agreement-likely-by-mid-march-says-goyal/articleshow/127928573.cms)

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