India’s trade surplus with the United States is expected to cross $90 billion annually, according to a report by SBI research, after the US reduced its tariff on Indian goods to 18%. India intends to purchase $500 billion US products in five years. According to SBI Research, the interim trade agreement places India in a strong strategic position as the deal could add around $45 billion annually to India’s trade surplus with the US and lift India’s GDP by nearly 1.1%.