Back to today’s briefing

Story perspectives

US-India Trade Deal Could Slash Tariffs Below 20%

7/13/2025

44 3

Summary

Story summary

The US and India are on the brink of a pivotal interim trade agreement, which could lower tariffs to below 20%. This deal promises to alleviate past trade tensions, allowing both nations to sidestep contentious topics for now. India aims to safeguard its vital agricultural sectors while being open to reducing duties on less sensitive imports.

1 of 1

Story summary

The US and India are on the brink of a pivotal interim trade agreement, which could lower tariffs to below 20%. This deal promises to alleviate past trade tensions, allowing both nations to sidestep contentious topics for now. India aims to safeguard its vital agricultural sectors while being open to reducing duties on less sensitive imports.