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U.S. and India reach provisional trade framework: U.S. tariffs on India reduced to 18%, India commits to purchasing $500 billion worth of U.S. products over five years.

U.S. and India reach provisional trade framework: U.S. tariffs on India reduced to 18%, India commits to purchasing $500 billion worth of U.S. products over five years.

The US and India announced on Friday that they had reached a framework for a provisional trade agreement, ending months of trade deadlock. According to CCTV News, the US and India announced that both sides had reached a provisional framework for mutually beneficial trade, which reaffirms both countries’ commitment to
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