🇺🇸🇮🇳 US and India Reach Trade Deal: Tariffs Cut to 18%, Lower Than Pakistan By : Vijesh Nair Date :03/02/2026 New Delhi / Washington: In a significant boost to bilateral economic ties, the United States and India have agreed on a new trade deal , reducing tariffs on a range of goods to 18 percent , according to sources familiar with the negotiations. The revised tariff rate is notably lower than the duties currently imposed on Pakistan , signalling Washington’s strategic economic preference for India in the South Asian region. 📉 Key Highlights of the Trade Agreement Tariffs reduced to 18% on select Indian exports to the US Rate is lower than Pakistan’s tariff levels , improving India’s competitive edge Focus on manufacturing, pharmaceuticals, textiles, and technology services Aimed at boosting trade volume, investment, and supply-chain cooperation Officials from both sides described the agreement as “mutually beneficial” , aligning with broader efforts to strengthen eco...
Vector Globe News is a dynamic online news and insights platform where global affairs, deep investigative journalism, and thought-provoking commentary meet meaningful analysis. Covering a wide spectrum of topics—from international geopolitics and security issues to regional developments, social challenges, human interest stories, and mindfulness insights—this blog delivers well-researched and context-rich narratives that keep readers informed and engaged. Whether exploring complex global events