economy

February 22, 2026

India delays Washington trade visit as U.S. tariff policy shifts, source tells CNBC

The negotiators want to 'evaluate the latest developments', the source says, following the U.S.'s move to raise its global import tariffs to 15% from 10%.

India delays Washington trade visit as U.S. tariff policy shifts, source tells CNBC

TL;DR

  • India's trade delegation has postponed its planned visit to Washington D.C.
  • The postponement is due to recent U.S. tariff policy shifts, including a 15% global import tariff.
  • The visit will be rescheduled for a mutually convenient date after evaluating the latest developments.
  • An interim trade deal between India and the U.S. was expected to be signed in March.
  • A joint statement from Feb. 6 allows either country to modify commitments if tariffs change.

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