India-US trade deal: Farmers may get cover as tariffs on certain American agri-related products to ease over 10 years
- Posted on February 9, 2026
- By Business News Today
- 4 Views
India-US trade deal: Farmers may get cover as tariffs on certain American agri-related products to ease over 10 years
India will phase out tariffs on agricultural inputs for its food processing industry over 10 years under a trade deal with the US, allowing domestic stakeholders time to adjust. The agreement also grants the US zero additional duty on $1.36 billion of Indian agricultural exports, including spices, tea, coffee, and various fruits and nuts, ensuring stability for farmers and exporters.