India-US trade deal: US cuts tariffs to 18%, India gains edge over regional peers
- Posted on February 2, 2026
- By Business News Today
- 4 Views
India-US trade deal: US cuts tariffs to 18%, India gains edge over regional peers
The US has slapped a 50% tariff on Brazil, 30% on South Africa and 25% on Mexico. Developed economies such as Canada face a 35% tariff and Switzerland 39%.
