ReferIndia News Oil purchases, tariff cuts and $500 billion US goods buy: Key terms of US-India trade deal released

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Oil purchases, tariff cuts and $500 billion US goods buy: Key terms of US-India trade deal released

Published on: Feb. 7, 2026, 6:53 a.m. | Source: Malayala Manorama

The United States and India have established an interim trade framework that includes substantial tariff reductions, a shift in India's oil import.US India trade deal, India US tariff reduction, Russian oil, Venezuela, 18% tariff, 25% tariff, AI hardware trade, US India economic pact, AI chip trade India, semiconductor trade US India, US goods purchase India, India oil import realignment, AI data center components, US India trade agreement, large language model hardware, AI chip supply chain India, India US commerce news, AI technology trade India

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