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India–US interim trade deal: What's missing from the headlines

11 Feb '26
8 min read
India–US “new tariffs trade deal”: what's missing from the headlines
Pic: Shutterstock

Insights

  • India–US interim trade deal fixes an *% reciprocal tariff on Indian textiles and apparel, but real impact depends on tariff stacking, HS-level treatment, and rules of origin.
  • High US apparel duties, compliance pressure, buyer risk pricing, and rival zero-duty fibre-linked deals mean gains may be uneven, favouring large integrated exporters over MSMEs.

But in textiles and apparel, the story is not just “tariffs down, exports up.” It is a messy collision of unusually high baseline US clothing duties, a new and blunt reciprocal-tariff overlay, rule-of-origin politics, and enforcement and compliance realities that ultimately determine who actually gets orders. What follows is a sector-only deep dive, and a closer look at the conversations largely missing from mainstream coverage.

What exactly did the India–US framework do to textiles and apparel?

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