economy
February 12, 2026
US revises India trade deal fact sheet
The changes have reportedly been made on pulses, an investment pledge, and a tax waiver to allay Indian sensitivities
TL;DR
- The White House updated its fact sheet on the India-US trade deal.
- Changes were made after India reportedly flagged wording and references not previously agreed upon.
- A reference to India eliminating or reducing tariffs on "certain pulses" was removed.
- The statement on India purchasing more American goods was changed from "will buy" to "intends to buy".
- The reference to India removing digital services taxes was changed to a commitment to negotiate digital trade rules.
- Previous claims by Donald Trump about India agreeing to buy over $500 billion worth of American products are mentioned as potentially unlikely.
- The article notes the US-India trade deal reduced India's tariff burden to 18% from 50%, making Indian exports to the US the second-best tariff rate in Asia.
Continue reading the original article