The tariff reduction, confirmed by US President Donald Trump following talks with Prime Minister Narendra Modi, effectively withdraws additional duties that had pushed levies on some Indian exports as high as 50 per cent.
There have been downward pressures on US financial asset prices as reflected in equity market volatility, a weakening dollar and higher long-term 30-year government bond yields.
China has placed food security at the centre of its national strategy, setting a binding target to raise annual grain production capacity to 725 million metric tonnes by 2030.
The appeal came during a high-level meeting with visiting Indian Defence Minister, Rajnath Singh on 9 September 2026, the first such visit by an Indian defence minister in 38 years.
China has placed food security at the centre of its national strategy, setting a binding target to raise annual grain production capacity to 725 million metric tonnes by 2030.