Donald Trump Announces US-India Trade Deal; Reciprocal Tariffs Slashed From 25% To 18% | India-US

Описание: On this Special Report, the focus is on the major diplomatic breakthrough between India and the United States. US President Donald Trump announced a significant trade deal following a conversation with Prime Minister Narendra Modi, stating, 'Out of friendship and respect for Prime Minister Modi and as per his request, effective immediately, we agreed to a trade deal between the US and India whereby the US will charge a reduced reciprocal tariff, lowering it from 25% to 18%.' The deal involves India committing to stop purchasing Russian oil and instead buying over $500 billion in US energy. The transcript highlights that this move is intended to help end the war in Ukraine. While the reciprocal tariffs have been reduced, clarity is still awaited regarding the 25% punitive tariffs previously imposed. The discussion also touches upon India's shift towards American and Venezuelan oil and the impact of the G-Shanti bill on the nuclear energy sector, marking a pivotal moment in bilateral relations.

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