India-US Unveil Interim Trade Deal: No Duty Concessions On Sensitive Grains, Fruits, Dairy, Meat by NDTV Profits | February 7, 2026 2:11 pm | Latest Posts, Market, Trending News India and the US on Saturday announced that they have reached a framework for an interim trade agreement. Under this, the US will reduce tariffs on Indian goods to 18 per cent from the earlier 50 per cent.