India-US Agree on Preliminary Trade Deal Reducing Tariffs Amid Ongoing Negotiations

India and the United States have reached a preliminary trade agreement reducing US tariffs on Indian goods from 50% to 18%, following months of negotiations marked by tensions and tariff hikes. National Security Adviser Ajit Doval conveyed India's firm stance against pressure from the Trump administration, willing to wait out his term for favorable terms. While the deal signals improved bilateral ties and market access, details remain undisclosed, with India emphasizing protection for sensitive sectors like agriculture and dairy. Formal signing is expected by mid-March, with both sides aiming for enhanced economic cooperation amid global trade uncertainties.