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flag India secured major trade deals with the U.S. and EU in January 2026, cutting tariffs and boosting market access.

flag In January 2026, India signed free trade agreements with both the European Union and the United States, securing reduced tariffs and improved market access. flag The EU deal includes flexibility on carbon tariffs and steel quotas, while the U.S. agreement cuts Indian export tariffs from nearly 50% to 18%, contingent on India committing to $100 billion in annual U.S. imports over five years. flag Both deals reflect India’s strategic push to diversify trade amid global uncertainty, though they raise concerns over growing import dependence and limited bargaining power.

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