India-US trade deal lifts a dark prong of global uncertainty, says Revenue Secretary
- Posted on February 3, 2026
- By Business News Today
- 5 Views
India-US trade deal lifts a dark prong of global uncertainty, says Revenue Secretary
India-US trade deal: India and the US have reached a breakthrough trade deal, significantly easing global uncertainty for India's trade outlook. The agreement, announced by President Trump, includes a sharp reduction in US tariffs on Indian goods to 18% and withdrawal of penal levies on Russian oil purchases.