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Between the lines: Decoding the India-US joint statement

India-US interim trade deal: Tariff cuts, market access, supply chains and what the joint statement really means

Updated on: Feb 8, 2026, 08:48:29 IST
By Sreedev Krishnakumar
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The India-US joint statement issued on Saturday morning finally gives much awaited details about the broad contours of the engagement over trade between the two countries. HT annotates the statement to put specific key details in context.

PREMIUMThe India-US joint statement issued on Saturday morning finally gives much awaited details about the broad contours of the engagement over trade between the two countries (Shutterstock)
The India-US joint statement issued on Saturday morning finally gives much awaited details about the broad contours of the engagement over trade between the two countries (Shutterstock)

The United States of America (United States) and India are pleased to announce that they have reached a framework for an Interim Agreement regarding reciprocal and mutually beneficial trade (Interim Agreement). Today’s framework reaffirms the countries’ commitment to the broader US-India Bilateral Trade

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ABOUT THE AUTHOR
Sreedev Krishnakumar

Sreedev Krishnakumar is a data journalist who specialises in stories at the intersection of the economy, geopolitics, politics and finance. His work combines data analysis, reporting and visual storytelling to explain complex issues through evidence-based journalism, with a focus on making public data accessible and meaningful for readers. He joined the Data and Political Economy team at Hindustan Times in 2024 after working as a correspondent/data journalist at Moneycontrol, where he covered macroeconomics, markets, public finance and business. Over the course of his career, he has developed expertise in analysing large datasets, building interactive visualisations and using computational methods to uncover trends and patterns that inform public debate. Sreedev holds a Postgraduate Diploma in Integrated Multimedia Journalism from the Asian College of Journalism. His reporting interests include finance, economics, geopolitics, trade, technology and development.

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