India and United States plan to sign formal trade deal in March

Indian Trade Minister Piyush Goyal announced that a formal trade deal with the US will be signed in March. Both nations plan to reduce tariffs on goods soon.

The Government of India ININ and the Government of the United States USUS announced on February 5, 2026, that they expect to sign a formal India ININ–United States USUS trade agreement in March. This announcement establishes a near-term timeline for the finalization of the deal and links reciprocal tariff reductions to specific procedural steps, which is expected to change bilateral trade conditions between India ININ and the United States USUS.
A general view of the Deendayal Port in Kandla, in the western state of Gujarat, India, September 25, 2024. REUTERS/Amit Dave
A general view of the Deendayal Port in Kandla, in the western state of Gujarat, India, September 25, 2024. REUTERS/Amit Dave
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