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India to boost US trade with $500B purchases, tariff cuts, and supply chain shift.
US Trade Representative Jamieson Greer said on February 10, 2026, that India is poised to become a key alternative to China for US supply chains, citing its manufacturing capacity and workforce.
He highlighted an interim trade agreement framework where India will reduce tariffs on US goods like soybean oil, wine, and aircraft parts, while the US will impose an 18% tariff on certain Indian imports, with potential removal for items like generic drugs and aircraft parts.
India pledged to buy $500 billion in US goods over five years, including energy, technology, and coking coal, as part of efforts to diversify global supply chains amid geopolitical shifts.
India para impulsar el comercio de EE.UU. con $ 500 mil millones de compras, recortes arancelarios y cambio de la cadena de suministro.