'Balanced, Reciprocal Trade With An Important Partner': White House's Factsheet On India-US Deal

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Last Updated:February 10, 2026, 12:07 IST

The White House released a fact sheet describing the India-US trade deal as a "historic" trade framework that would cut tariffs and pave the way for a broader trade agreement.

 PTI)

Prime Minister Narendra Modi and US President Donald Trump (Photo: PTI)

The White House on Monday released a detailed fact sheet describing what it called a “historic trade deal" between India and the United States, referring to India as an “important trade partner", following a joint statement issued last week by Prime Minister Narendra Modi and US President Donald Trump.

In a release, the White House said the agreement would significantly expand access for American goods in India.

“Last Friday, in a Joint Statement, President Donald J. Trump announced a trade deal between the United States and India that will open up India’s market of over 1.4 billion people to American products," the statement mentioned.

The fact sheet noted that the joint announcement followed a phone call between the two leaders, during which they “reached a framework for an Interim Agreement on reciprocal trade and reaffirmed their commitment to broader US-India Bilateral Trade Agreement (BTA) negotiations".

During the same call, Trump agreed to roll back an additional 25 per cent tariff on imports from India, citing New Delhi’s pledge to stop purchasing oil from the Russian Federation.

“Accordingly, the President signed an Executive Order last Friday removing that additional 25% tariff," the White House mentioned.

The administration also announced a reduction in reciprocal duties.

“Given India’s willingness to align with the United States to confront systemic imbalances in the bilateral trade relationship and shared national security challenges, the United States will lower the Reciprocal Tariff on India from 25% to 18%," the statement mentioned.

Detailing the key terms of the framework, the White House said India would eliminate or reduce tariffs on all US industrial goods and on a broad basket of agricultural and food products.

These include “dried distillers’ grains (DDGs), red sorghum, tree nuts, fresh and processed fruit, certain pulses, soybean oil, wine and spirits, and additional products," it mentioned.

India has also committed to purchasing more American goods, with the statement saying it would buy over USD 500 billion worth of US energy, information and communication technology products, agricultural goods, coal and other items.

New Delhi will also work to address priority non-tariff barriers affecting bilateral trade, it stated.

On digital commerce, the White House said India would remove its digital services taxes and negotiate new bilateral rules to tackle “discriminatory or burdensome practices" and other barriers, including provisions that would prohibit customs duties on electronic transmissions.

The two sides will also negotiate rules of origin to ensure the benefits of the deal accrue “predominantly to the United States and India".

The fact sheet added that Washington and New Delhi had agreed to strengthen cooperation on economic security, supply-chain resilience, investment screening and export controls, and to “significantly increase bilateral trade in technology products and expand joint technology cooperation".

Looking ahead, the statement said the two governments would move swiftly to implement the framework and finalise the interim pact.

“In the coming weeks, the United States and India will promptly implement this framework and work toward finalising the Interim Agreement with a view to concluding a mutually beneficial BTA to lock in benefits for American workers and businesses," it read, adding that talks would continue on outstanding issues such as services, investment, intellectual property, labour, environment, government procurement and the practices of state-owned enterprises.

“Today’s announcement provides a tangible path forward with India that underscores the President’s dedication to realising balanced, reciprocal trade with an important trading partner," the factsheet mentioned.

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First Published:

February 10, 2026, 12:04 IST

News world 'Balanced, Reciprocal Trade With An Important Partner': White House's Factsheet On India-US Deal

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