The US and India Have Announced a Trade Deal That Will Impact Trade in Petrochemicals and Related Products.

Tariffs will be lowered or eliminated on a number of chemical, polymer, rubber and plastic products, enhancing trade flows between the countries.

The interim agreement signed on February 6, 2026 is outlined in the White House Fact Sheet: The United States and India Announce an Historic Trade Deal.

India currently exports to the US sizable volumes of PE and PP film/sheet, PE bags and sacks, PVC floor/wall coverings, and PET polymer. The US currently exports large volumes of ethane, polyethylene and PVC to India.

From International Trader Publications US Polymer Trade Report, a monthly analysis of US imports and exports of all grades of commodity polymers, recyclable polymers and key fabricated plastic products.