United States and India Establish Interim Framework for Trade AgreementSat 7th Feb, 2026The United States and India have jointly introduced an interim framework for a trade agreement, signaling a significant step forward in the bilateral economic relationship between the two nations. According to an official joint statement, the new framework lays the groundwork for broader negotiations toward a comprehensive bilateral trade agreement. As a result, the United States has decided to eliminate an additional 25% punitive tariff that was previously imposed on Indian imports. Trade officials from both countries have indicated that a formal and comprehensive trade agreement is anticipated to be signed in the coming months. The interim trade framework is seen as a strategic move to not only resolve recent disputes but also to set the stage for enhanced economic integration and cooperation.

Source: The Munich Eye February 07, 2026 23:13 UTC