India US trade deal 2026

The India–US Trade Deal 2026 marks a dramatic reset in bilateral trade relations. After a year of punitive tariffs and stalled diplomacy, the US has slashed duties on Indian goods from 50% to 18%, while India has pledged major market-opening moves.
This plain-English guide breaks down what was agreed, what’s still unclear, who benefits most, and why this deal could reshape global geopolitics.