Sitharaman Hails India-US Trade Deal: Reduced Tariffs Boost 'Made in India' Products
India
M
Moneycontrol•03-02-2026, 08:02
Sitharaman Hails India-US Trade Deal: Reduced Tariffs Boost 'Made in India' Products
- •Finance Minister Nirmala Sitharaman praised the India-US trade deal, calling it 'good news for Made in India products'.
- •The deal reduces reciprocal tariffs on Indian goods from 25% to 18%.
- •US President Donald Trump announced the tariff reduction after a call with PM Narendra Modi, finalizing the trade deal.
- •PM Modi confirmed the development, thanking President Trump and highlighting benefits for 1.4 billion Indians.
- •The Prime Minister emphasized the broader significance of cooperation between the two largest democracies for mutual benefit and global peace.
Why It Matters: India-US trade deal reduces tariffs to 18%, boosting 'Made in India' products and bilateral cooperation.
✦
More like this
Loading more articles...
