USISPF Welcomes India-US Interim Trade Agreement

Washington, February 8: The America-India Strategic Partnership Forum (USISPF) has welcomed the interim trade partnership established between India and the United States. The USISPF expressed its support for the executive order signed by President Donald Trump, which will eliminate an additional 25% tariff on Indian goods starting February 7, 2026.

In a statement, the USISPF said, “We also welcome the joint statement issued by the United States and India, which announces a framework for an interim agreement on mutually beneficial trade. This confirms the shared commitment of President Donald Trump and Prime Minister Narendra Modi to advance negotiations towards a significant bilateral Trade Agreement (BTA) between the US and India. The interim agreement marks a crucial milestone, indicating the clear political intent of both parties to deliver balanced and concrete outcomes, thereby deepening the bilateral Economic Partnership.”

The statement further outlined that the framework includes appropriate steps to enhance market access, reduce tariffs, and eliminate long-standing non-tariff barriers. Additionally, it strengthens cooperation in essential sectors such as industrial goods, agriculture, energy, aerospace, pharmaceuticals, technology, and digital trade.

The USISPF noted that commitments to improve regulatory transparency, harmonize standards and conformity assessment processes, and strengthen supply chains reflect a practical and forward-thinking approach to trade policy. Collectively, these measures lay the foundation for sustained economic engagement for businesses operating in both markets.

The USISPF views these announcements as a strong and timely signal of trust in India’s role as a strategic and economic partner, providing immediate clarity and relief for businesses operating within the trade corridor between the two countries. As this process unfolds and new opportunities arise, we look forward to supporting ongoing engagement between the government and industry.