Sources confirm the Modi government will ink a landmark India-US trade pact next week, slashing reciprocal tariffs to 18% and unlocking massive opportunities for Indian exporters. Following Prime Minister Narendra Modi’s direct engagement with President Trump, this immediate-effect deal erases the prior 50% burden—including punitive duties over Russian oil—restoring competitiveness across key sectors like textiles, pharmaceuticals, and apparel.
Export Surge Ahead
The tariff cut positions India ahead of rivals—lower than Vietnam and Bangladesh at 20%, and far below China’s 30-35%—driving immediate order revivals and GDP growth. In return, India commits to ramping up US energy, tech, agriculture, and coal purchases worth over $500 billion, stabilizing the rupee while advancing ‘Make in India’ through friendshoring.
Strategic Diplomatic Win
PM Modi’s patient diplomacy shines, transforming trade tensions into a stable partnership that enhances FDI, manufacturing, and ‘Viksit Bharat’ goals. Opposition critics sidelined, this agreement exemplifies the government’s focus on equitable global ties, benefiting 1.4 billion Indians with lower uncertainties and higher prosperity.
