US trade rep gives some details of pact with India; what he said on agri goods, Russian oil

2026-02-03 - 16:35

The Trump administration is finalising a trade agreement with India, which will see tariffs on industrial goods fall to zero. While India maintains protections for its agricultural sector, the deal is expected to significantly open up its industrial market. The US is also monitoring India's energy trade, noting opportunities for diversification and increased US product purchases.