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U.S. Chamber Encouraged by U.S.-India Trade Progress

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Martes 10 de febrero del 2026

U.S. Chamber of Commerce President and CEO Suzanne P. Clark on February 3 welcomed progress toward a trade deal between the United States and India—a development that the Chamber and American and Indian businesses have long sought. Clark stated:

“We congratulate the U.S. and Indian governments on their announcement to reduce tariffs and non-tariff barriers that will benefit American and Indian companies and workers in both great nations. We appreciate the efforts of President Trump and Prime Minister Modi, and their officials, including Ambassadors Kwatra and Gor. We are optimistic that this is the first step toward a comprehensive trade agreement that will unlock even more private sector collaboration, and we look forward to reviewing the details of the deal.»

“The Chamber, our U.S.-India Business Council, and our members are strong champions of this effort, and we look forward to partnering with both governments to implement today’s announcement.”

Awaiting Details: Details are expected to emerge in the coming days with release of a Joint Statement and a more fulsome “Agreement on Reciprocal Trade” in a couple of months. In the meantime, the deal appears to slash U.S. headline tariffs on imports from India from 50% to 18% upon execution of the latter agreement. On the 25% duty tied to imports of Russian oil, President Trump stated that India “agreed to stop buying Russian Oil, and to buy much more from the United States and, potentially, Venezuela. This will help END THE WAR in Ukraine, which is taking place right now, with thousands of people dying each and every week!”

“One of the Most Consequential.” Last year, Clark traveled to Delhi and Mumbai for meetings with Indian officials and business leaders, and she called for a trade deal with India. She noted that U.S.-India economic relationship is one of the most consequential in the world, and a trade deal would benefit both economies as well as global security.

Generating Momentum: U.S.-India Business Council President Atul Keshap appeared on CNBC and many other outlets earlier this week to discuss the deal, noting the announcement will sustain broader momentum in the relationship. The U.S. Chamber will work closely with both governments to explore opportunities for deeper economic collaboration.

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