US and India Sign Interim Trade Deal: What’s the Impact on Crypto?

• The United States and India have signed a new trade deal with tariff cuts.
• As a part of the framework, President Trump issued an executive order to eliminate 25% tariffs.
• A boost to cross-border payments through stablecoins and DeFi protocols is expected.

The United States and India have signed an interim trade framework. Under the new trade agreement, both countries will lower their trade barriers to foster economic activities.

As such, imports and exports across sectors – including tech, agriculture, and pharmaceuticals – between these two countries will increase significantly. The impact of this interim trade framework between the United States and India is expected to trickle down into the digital asset industry.

Key Details of U.S. and India Interim Trade Framework 

According to the announcement, the United States and India signed an agreement regarding …

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