India, Feb. 15 -- The US tariff on Indian goods was cut from about 50 percent to 18 percent under the new interim US- India trade deal announced in February 2026. This rollback reverses the steep punitive and reciprocal duties imposed in 2025, significantly easing the cost burden on Indian exporters.

delta exchange ad The US- India tariff reduction significantly benefits the Indian chemical industry, as chemicals account for about 18 percent of India's total exports to the US, with FY24's being valued at nearly $ 5.7 billion. Lower tariffs improve export competitiveness, reduce landed costs, and can boost demand, order inflows, capacity utilization, and operating margins for Indian chemical manufacturers.

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