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India Tariff News and Tracker

India Tariff News and Tracker

By: Inception Point Ai
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 This is your India Tariff Tracker podcast.

India Tariff Tracker is your go-to daily podcast for the latest news and updates on tariffs affecting India, particularly those imposed by the United States. Dive deep into insightful analyses, expert opinions, and comprehensive reports that unravel the complexities of international trade and its impact on India. Stay informed with real-time information and understand how tariff changes shape India's economy and global relations. Perfect for business leaders, policymakers, and anyone keen to understand the dynamic trade landscape, India Tariff Tracker is your essential guide to navigating tariff developments.

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Episodes
  • US-India Trade Breakthrough: Trump Slashes Tariffs, Secures $500 Billion Deal Boosting Bilateral Economic Cooperation

    US-India Trade Breakthrough: Trump Slashes Tariffs, Secures $500 Billion Deal Boosting Bilateral Economic Cooperation
    Feb 18 2026
    Welcome to India Tariff News and Tracker, your essential update on the latest US-India trade developments under President Trump.

    In a major breakthrough, the United States and India have announced an interim trade agreement slashing US tariffs on Indian imports from a peak of 50% down to 18%. According to Grant Thornton, this deal, first teased by Trump on social media February 3 and formalized in a White House fact sheet February 9, eliminates the extra 25% tariff tied to India's Russian oil purchases, effective February 7 at 12:01 am. The baseline reciprocal rate drops further in March, easing tensions after Trump's 2025 escalations that hit 25% then doubled.

    Morgan Lewis reports Trump hailed the pact as India committing to "BUY AMERICAN" with over $500 billion in US energy, tech, agriculture, and coal purchases over five years. India pledges more market access for US goods, though details on ending Russian oil buys remain fuzzy—state refiners haven't fully halted, per Chatham House. Prime Minister Modi praised the move for mutual prosperity, while the White House eyes digital trade rules and monitors compliance, with threats of reimposition if Russia imports resume.

    JD Supra notes this non-binding framework paves the way for talks on agriculture, IP, and barriers, amid India's recent EU deal wiping tariffs on 96.6% of European imports. Businesses in pharma, autos, and chemicals stand to gain from lower costs, but uncertainties linger on farmer protections and the ambitious $500 billion goal—far above 2024's $83 billion US exports to India.

    This de-escalation restores India's manufacturing edge versus China, though Trump could tweak it anytime without legislation.

    Thanks for tuning in, listeners—subscribe now for weekly tariff trackers. This has been a Quiet Please production, for more check out quietplease.ai.

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    2 mins
  • US and India Slash Tariffs in Historic Trade Deal Boosting Agricultural Exports and Market Access

    US and India Slash Tariffs in Historic Trade Deal Boosting Agricultural Exports and Market Access
    Feb 16 2026
    The US and India have reached a historic interim trade agreement that marks a dramatic shift in their economic relationship, with tariffs on Indian exports slashed from 50 percent to just 18 percent. According to Fresh Fruit Portal, this agreement removes the punitive 25 percent tariff imposed by the Trump Administration on Indian goods, while maintaining a reciprocal 18 percent rate that represents a significant de-escalation of trade tensions between the two nations.

    The deal centers on reciprocal market access. India has agreed to open its historically protected markets to American agricultural and industrial goods, particularly benefiting US apple and nut producers. Fresh Fruit Portal reports that India will significantly reduce tariffs on US apples, almonds, walnuts, and pecans, though the country maintained restrictions on strawberries, cherries, and citrus to protect local farmers. In return, the US has entirely lifted tariffs on Indian tropical fruits including mangoes, bananas, and avocados, according to the same source.

    However, the agreement has sparked intense political debate within India. According to Asian News Network, opposition parties are questioning whether Indian interests have been compromised, particularly regarding a controversial $500 billion purchase commitment over five years. Congress leaders have criticized the scale of proposed American imports, with Shashi Tharoor noting that India has committed to slashing tariffs to near zero while the US maintains 18 percent duties. The ruling BJP countered that India has only expressed an intention rather than made a binding commitment, per Asian News Network.

    The energy aspect remains contentious. According to France 24, the agreement was announced after India allegedly committed to stopping Russian oil purchases, though Indian authorities have denied making such a commitment. France 24 notes that Nayara Energy continues purchasing approximately 400,000 barrels of Russian crude daily, creating ongoing ambiguity about India's energy sourcing intentions.

    Agricultural concerns dominate domestic criticism. According to Business Standard, opposition leaders claim the deal will harm Indian cotton farmers and textile exporters, pointing to Bangladesh securing zero-tariff access for textiles while Indian exports face 18 percent tariffs. Commerce officials have stated that India will not open its farming and dairy sectors, per Business Standard.

    The gem and jewelry sector anticipates significant gains. According to Rapaport, the 18 percent tariff and zero duty on diamonds and colored gemstones is expected to help Indian exporters regain lost ground in the US market, potentially adding up to three billion dollars in trade.

    Both governments view this interim framework as a living document that will expand over coming months, with negotiations expected to conclude by March 2026. Pending outstanding issues include digital trade, intellectual property, and labor standards.

    Thank you for tuning in to India Tariff News and Tracker. Please subscribe for the latest updates on US-India trade developments. This has been a Quiet Please production. For more, check out quietplease.ai.

    For more check out https://www.quietperiodplease.com/

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    This content was created in partnership and with the help of Artificial Intelligence AI
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    3 mins
  • US and India Reach Breakthrough Trade Deal Cutting Tariffs to 18 Percent Amid Diplomatic Negotiations

    US and India Reach Breakthrough Trade Deal Cutting Tariffs to 18 Percent Amid Diplomatic Negotiations
    Feb 15 2026
    Welcome to India Tariff News and Tracker. I'm bringing you the latest developments in US-India trade relations as negotiations continue to reshape commerce between these two major economies.

    Just this week, the United States and India reached a framework for an interim trade agreement that marks a significant turning point after months of escalating tensions. According to Commerce Minister Piyush Goyal, the deal will help India secure crude oil at more competitive prices while working toward a $500 billion bilateral trade target by 2030.

    Here's what changed with tariffs. The effective duty rate on Indian goods that had climbed as high as 50 percent is now set at 18 percent under key categories. This represents a major reduction from the punitive tariffs the Trump administration imposed throughout 2025, which included a 25 percent penalty directly tied to India's purchases of Russian oil.

    The Trump administration has been clear about its expectations. Secretary of State Marco Rubio stated at the Munich Security Conference that the US has gotten India's commitment to stop buying additional Russian oil. However, India's External Affairs Minister S. Jaishankar emphasized that India remains wedded to strategic autonomy, noting that energy decisions are guided by market forces including availability, cost, and risks rather than political pressure.

    The interim agreement also establishes sectoral working groups focused on manufacturing, technology, critical minerals, and digital trade. Both nations have committed to further expand market access opportunities through negotiations on a comprehensive bilateral trade agreement to follow.

    Not everyone views the deal positively. The Rashtriya Kisan Mahasangh, a prominent farmers organization, questioned whether highlighting an 18 percent tariff represents a genuine achievement. They point out that Bangladesh already has zero import duties on several products including textiles, and argue that Indian producers face a significant disadvantage without most-favored-nation status or a return to the pre-tariff war rates of 5 to 15 percent.

    For listeners tracking these developments, the framework signals both de-escalation and continued leverage. The US maintains pressure points for future negotiations while India gains breathing room to strengthen its domestic capabilities and competitive position.

    The interim agreement represents pragmatic accommodation from both sides after months of tension, but the real test comes as negotiations continue on the formal bilateral trade agreement. Economists suggest this could either become a springboard for deeper economic integration or reveal fundamental disagreements on agriculture, energy policy, and manufacturing.

    Thank you for tuning in to India Tariff News and Tracker. Be sure to subscribe for updates as these negotiations unfold. This has been a Quiet Please production. For more, check out quietplease.ai.

    For more check out https://www.quietperiodplease.com/

    Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q

    This content was created in partnership and with the help of Artificial Intelligence AI
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    3 mins
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