# India and the United States unveiled an interim trade agreement today.

*business · news · 2026-02-08 · Free Press Journal*

## Key points

- The US will slash tariffs on Indian goods to 18% in key sectors like textiles and apparel.
- Certain Indian exports, like generic pharmaceuticals and gems, will have US tariffs waived entirely.
- Sensitive Indian agricultural products remain fully protected from US market access under the interim deal.
- The US requires India to end Russian oil imports as a condition for removing some tariffs.
- The Bilateral Trade Agreement will be negotiated in stages, with the first draft releasing in March.

**Countries:** India, United States

[Read the full story on Free Press Journal](https://www.freepressjournal.in/india/explained-indiaus-interim-trade-deal-the-road-to-a-free-trade-agreement)

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