India-US Trade Deal Lowers Tariffs, Includes Energy and Investment Commitments

India and the United States have reached a trade agreement reducing US tariffs on Indian goods from 50% to 18%, enhancing India's export competitiveness. The deal includes India's commitment to reduce Russian oil imports and increase purchases of US energy, agricultural, and industrial products, with a reported $500 billion investment pledge. While the agreement is seen as a strategic and economic milestone strengthening bilateral ties, details remain pending, and some opposition voices express concerns over agricultural protections and the deal's long-term implications.