Summary

President Trump announced a trade deal with India, reducing the main tariff from 25% to 18% and removing a retaliatory tariff. This deal follows the EU-India free trade agreement and signals the U.S.’s commitment to maintaining strong trade relations with India. While the deal is seen as a positive step, analysts await further details on the specifics of the agreement and its potential impact on both economies

https://www.cnbc.com/2026/02/03/trump-us-india-trade-deal-europe-india-deal-compared.html