India-US Bilateral Trade Deal Specifics Explained | Shubhranshu Singh | Saurabh Shukla
The intricacies of the India-US trade deal have been finalized, and India has reduced duties on US nuts, fruits, wines, spirits, and feed. The United States increases tariffs on Indian textiles, clothes, and machinery by 18%, but exempts pharmaceuticals, jewels, diamonds, and aircraft parts while reducing security measures.
Shubhranshu Singh and Saurabh Shukla highlight the framework for improving supply chains, technology such as GPUs and data centers, and India’s $500 billion pledge over five years for US oil, planes, technology, and coal. It clears ICT licenses and device standards, opening the door for digital trade regulations and balanced growth.
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