This report details the implementation of a significant interim trade framework between India and the United States. Effective from 10:30 AM IST on 7 February 2026, US tariffs on Indian goods are reduced to 18% from previous highs of 50%. The speaker notes, ‘The revised 18% tariff duties by the United States will go into effect by 12.01 … of 7 February 2026, our time.’ The White House executive order also mandates the refund of duties collected on goods entered for consumption starting today. This deal follows months of negotiations led by Union Minister Piyush Goyal and aims to strengthen the ‘Make in India’ initiative. While the US focuses on decoupling from China, India maintains its strategic autonomy, balancing relations through platforms like the SCO. The framework is expected to boost digital infrastructure, technological cooperation, and investments in MSMEs and startups, reflecting a deepening trust in the India-US strategic partnership.
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