India-US seal landmark trade deal after year-long tariff standoff: A timeline of key events
India and the US have clinched a major trade pact that slashes tariffs to 18%, ending a year-long dispute marked by steep duties and fierce negotiations. The agreement followed months of diplomatic engagement, tense exchanges and multiple setbacks. Washington: India and the United States finally concluded a landmark trade agreement on Monday, bringing an end to a heated tariff dispute that stretched across a full year. On Monday, US President Donald Trump announced an immediate reduction in reciprocal tariffs on Indian exports to 18% from the previous 25% offering long-awaited relief to Indian exporters. The breakthrough was confirmed following a…