TRUMP SAYS U.S., INDIA AGREE TO LOWER TARIFFS IN NEW TRADE DEAL
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President Donald Trump announced on Monday that the United States had reached an initial trade arrangement with India, easing months of tariff tensions between the two countries while pointing to broader cooperation on energy and global security.
The deal, revealed through a social media post, was short on formal detail but outlined immediate tariff reductions and new commitments from New Delhi.
Under the proposed arrangement, U.S. tariffs on Indian goods would fall from 25 percent to 18 percent, effective immediately, according to Mr. Trump.
In return, he said India had agreed to reduce its own tariffs and non-tariff barriers on American products, while also pledging to significantly increase purchases of U.S. goods, particularly in energy, technology, agriculture, and coal.
Mr. Trump also claimed that Prime Minister Narendra Modi had committed to halting India's purchases of Russian oil, a move the president framed as both an economic and geopolitical win.





