India-U.S. trade deal in final stages, it will open up new phase in ties, says Jaishankar

Published on February 6, 2026 at 11:57 PM

After meeting Secretary of State Marco Rubio, the External Affairs Minister said the trade deal will open up a "new phase" in the relations

Updated - February 06, 2026

The "historic" India-US trade agreement is in the final stages of detailing that will be completed "very soon", External Affairs Minister S Jaishankar said on Thursday (February 5, 2026) after holding wide-ranging talks with U.S. Secretary of State Marco Rubio.

 

 

The talks between Mr. Jaishankar and Mr. Rubio in Washington DC came three days after U.S. President Donald Trump, following a phone conversation with Prime Minister Narendra Modi, announced reduction of U.S. tariffs on Indian goods to 18% from 50% under the trade deal.

 

The External Affairs Minister said the trade deal will open up a "new phase" in the relations.

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