business / news / / Times of India
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%.
The first tranche of the India–US trade agreement is already finalized and ready for announcement.
KEY POINTS
- 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.
COMPANIES
Summarized by Newsio from Times of India. How we summarize →