Trump Announces U.S-India Trade Deal After Call With PM Modi, Tariffs Cut To 18% | News9

Описание: After months of suspense, pressure and tariff threats, the U.S.–India trade deadlock appears to be over. In a surprise late-night announcement, U.S. President Donald Trump claimed that a direct phone call with Prime Minister Narendra Modi sealed the long-pending trade deal with immediate effect. Trump said the United States will cut reciprocal tariffs on Indian goods to 18 percent and scrap additional penalties, while India has committed to significantly expand purchases of U.S. goods. Prime Minister Modi welcomed the tariff reduction but did not comment on several claims made by Trump, including energy sourcing commitments. The announcement has triggered strong reactions across political and economic circles.
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