India–US Trade Deal: Anil Singhvi explains who gains, which stocks benefit and where 18% tariffs apply
India and the United States have finalised the framework of an interim trade deal, with executive orders expected from the US to operationalise the agreement. The deal provides clarity on Section 232 items, sets an 18 per cent reciprocal tariff for select sectors, and protects India’s sensitive agriculture segments. Market expert Anil Singhvi explains the fine print of the agreement, outlining key sectoral gains, stock-specific impact and areas where competitive pressure may increase.

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