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flag U.S. and India advance trade deal with tariff reductions and $500B in future U.S. exports.

flag On February 12, 2026, U.S. flag Ambassador Sergio Gor met with India’s Foreign Secretary Vikram Misri, highlighting progress on an interim trade agreement signed in February 2025. flag The deal involves India reducing tariffs on U.S. industrial and agricultural goods like tree nuts, soybean oil, and wine, while the U.S. imposes an 18% reciprocal tariff on certain Indian exports including textiles and machinery. flag India pledged to buy $500 billion in U.S. goods over five years, including energy, aircraft, and technology. flag The U.S. may later remove tariffs on items like pharmaceuticals and aircraft parts if the agreement is fully implemented. flag The framework is seen as a step toward a broader bilateral trade deal, with both nations emphasizing strengthened economic ties and regional cooperation.

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