According to a White House fact sheet released Monday evening, India has agreed to remove its digital services tax and has committed to buy approximately $500 billion of goods from the United States under the terms of a recently announced trade deal.
The fact sheet outlines a set of mutually agreed measures, including the removal or reduction of tariffs on all U.S. industrial goods as well as a broad set of agricultural imports. It also says India will negotiate a new package of bilateral digital trade rules with the United States and will work with Washington to pursue additional trade agreements in the coming weeks.
Monday's publication comes roughly one week after the two countries signed a trade accord that reduced U.S. trade tariffs on Indian goods to 18% from 50%. As part of that earlier agreement, India agreed to stop purchasing oil from Russia and to enact measures facilitating increased imports from the United States.
The White House fact sheet repeats the commitment that New Delhi will remove its digital services tax and that both governments will engage on digital trade rules. It also reiterates the pledge by India to purchase more than $500 billion of U.S. goods, while noting tariff adjustments affecting industrial and agricultural categories.
Details on the timeline for implementation and the precise scope of tariff changes were not enumerated in the fact sheet beyond the broad commitments listed above. The document emphasizes forthcoming negotiations and collaboration between the two governments as they work to finalize the mechanisms for these commitments.
Context and immediate implications
The fact sheet frames the trade package as a set of concurrent commitments: India will remove a targeted levy on digital services, expand market access for U.S. industrial and agricultural products through tariff reductions, and make large-scale purchases of American goods. The bilateral work on digital trade rules and additional agreements is described as ongoing, with further negotiations anticipated in the weeks ahead.
While the fact sheet lists concrete actions - tariff cuts, the cessation of Russian oil purchases by India, and the large purchasing commitment - it also points to a sequence of follow-up steps to convert those commitments into detailed agreements and implementing measures.
For readers tracking sector impacts: the most directly affected areas identified in the fact sheet include digital services, U.S. industrial exporters, the agricultural sector, and energy markets to the extent oil procurement is involved.