Quote on India-US Trade Deal Live News Updates: India to reduce trade barriers, buy more US oil; US to lower reciprocal tariffs to 18%, says Trump b Akshat Garg, Choice Wealth
Below the Quote on India-US Trade Deal Live News Updates: India to reduce trade barriers, buy more US oil; US to lower reciprocal tariffs to 18%, says Trump b Akshat Garg, Choice Wealth
"This India–US trade step reads as a pragmatic exchange rather than a headline-grabbing pact. India agrees to trim select trade barriers and boost purchases of US crude—moves aimed at securing energy, calming inflation, and supporting manufacturing. In return, the United States will lower reciprocal tariffs to about 18%, easing export costs for Indian firms. The plan’s strength is its mutuality: India protects domestic priorities through targeted concessions, while the US opens market access that fuels growth and jobs. If policymakers pair these tariff shifts with clearer rules, streamlined logistics, and phased implementation, businesses on both sides can adjust without disruption. The deal isn’t a cure-all, but it can reduce uncertainty, improve supply-chain resilience, and create room for deeper cooperation. Domestic industries will need careful safeguards. Done steadily and sensibly, this kind of calibration delivers more lasting value than a one-off political spectacle"
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