India Markets Surge as United States Cuts Tariffs to Eighteen Percent in New Trade Deal
A new trade deal between Washington and New Delhi has cut tariffs on Indian goods. This major policy shift triggered a rally across Indian financial assets.
Insights:
The announcement of a new trade deal between the United States 
USand India 
INon February 3 has triggered a sharp rally in Indian financial markets after the United Statesgovernment reduced tariffs on Indian goods from 50% to 18%. This significant policy reversal addressed a primary concern for investors that had weighed on Indian assets since the tariffs were first levied by Washington in late August 2025. Following the announcement, the Nifty 50 index climbed 2.5%, marking its best one-day performance since May 2025.
USand India INon February 3 has triggered a sharp rally in Indian financial markets after the United Statesgovernment reduced tariffs on Indian goods from 50% to 18%. This significant policy reversal addressed a primary concern for investors that had weighed on Indian assets since the tariffs were first levied by Washington in late August 2025. Following the announcement, the Nifty 50 index climbed 2.5%, marking its best one-day performance since May 2025.
