NEW DELHI: India and the US released a framework for an interim trade agreement, as President Donald Trump on Saturday removed additional tariffs on Indian imports previously levied over Delhi’s purchase of Russian oil. Under the proposed agreement, Washington’s reciprocal tariffs on Indian goods will be set at 18 percent, while India will eliminate or reduce tariffs on all US industrial goods as well as a wide range of US food and agricultural products, according to a joint statement.

The White House announces a framework for the India-U.S. interim trade deal, focusing on tariff reductions and mutual market access.

WASHINGTON: US President Donald Trump moved Friday to lift an additional 25 percent tariff he imposed on goods from India over its purchases of Russian oil — a step to implement a…

NEW DELHI: India and the United States released a framework for an interim trade agreement to lower tariffs on Indian goods, which Indian opposition accused of favoring…

The U.S. and India on Friday released a framework for an interim trade agreement they said affirms their commitment to negotiations toward a broader deal.

NEW DELHI: India and the US released a framework for an interim trade agreement, as President Donald Trump on Saturday removed additional tariffs on Indian imports previously…

The agreement represents a stark break from India’s long-standing trade posture and comes close to a capitulation under sustained pressure.

Opposition leaders, farmers and trade experts have raised concerns over the interim agreement.