Trump Announces India-US Trade Deal, Reduces Reciprocal Tariffs On Delhi To 18%; PM Modi Reacts
US President Donald Trump confirmed a significant trade deal with India, cutting US reciprocal tariffs from 25% to 18% and eliminating non-tariff barriers, while India will also ease its trade restrictions. The agreement includes India committing to higher purchases of US energy, technology, agricultural products, coal, and other goods valued over $500 billion. Trump, in a Truth Social post, said the deal was made out of respect and friendship for Prime Minister Narendra Modi, stressing that both leaders are effective in achieving results. The pact is expected to strengthen economic ties, enhance bilateral trade, and deepen strategic cooperation between the United States and India.
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