Also Read India is maintaining some protection around agricultural goods in trade dealUnder the deal, India will reduce tariffs on 98–99 per cent of industrial goods imported from the US to zero, Greer said, adding that agricultural imports would also see sweeping tariff cuts. On the agricultural side, there's a vast, vast array of agricultural goods. While American exports to India will face zero tariffs, the US will continue to levy an 18 per cent tariff on Indian goods, citing a trade imbalance. “And starting at the end of last year, the Indians started winding down their purchase of Russian oil. “India will lower tariffs on a wide array of US industrial and agricultural goods to 0%.

Source: The Telegraph February 04, 2026 13:19 UTC