US Cuts India Export Tariffs to 18%; Indian Stocks Hit Record, Rupee Soars Over 3 Years
Edited By WION Video Desk
Published: Feb 03, 2026, 21:51 IST | Updated: Feb 03, 2026, 21:51 IST
The United States has reduced import tariffs on Indian exports from 50% to 18%, a move hailed as a major win for India’s trade. Following the announcement, Indian stock markets surged to record highs, and the rupee strengthened, marking its biggest gain in over three years.
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