09-February-2026
Economy News
 
Zero duty for over half of India’s exports to US: Piyush Goyal
09-Feb-2026

The trade deal with the US will bring down duties on $44 billion worth of Indian exports to its biggest market to zero—covering more than half of India’s $86.5-billion merchandise exports to the US, Commerce and Industry Minister Piyush Goyal said on Saturday. For the remaining exports, the framework of the interim US-India Bilateral Trade Agreement (BTA) addresses additional tariffs, reducing them to the lowest levels among competing economies. Reciprocal tariffs on exports worth about $30 billion will be brought down to 18%, while another $12 billion falls under Section 232 tariffs imposed under a US national security law, which New Delhi will negotiate separately.

News Source:- https://www.financialexpress.com/policy/economy/zero-duty-for-over-half-of-indias-exports-to-us-piyush-goyal/4135101/