India–US trade deal explained: Tariffs, oil, GDP growth — What changes now? BofA answers key FAQs by Live mint | February 11, 2026 12:19 pm | Indian Stocks, Market, News The India-US trade deal reduces tariffs, benefiting sectors like textiles and jewellery. BofA Global Research notes improved export competitiveness and growth outlook for India. Tariffs, oil, GDP growth – Key FAQs answered.