Modi’s magic: Trump on knees, US slashes tariffs to 18%! | MBM News
Автор: MBM News HD
Загружено: 2026-02-03
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Mera Bharat Mahaan - ( MBM News ) HD
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India and the United States finalized a landmark trade deal on February 2, 2026, following talks between President Donald Trump and Prime Minister Narendra Modi, slashing US tariffs on Indian goods from 25-50% to 18% effective immediately. In exchange, India agreed to halt Russian oil purchases, boost imports of over $500 billion in US energy, technology, agriculture, coal, and other products, and work toward zero tariffs and non-tariff barriers on American goods. The pact eases export pressures for India, enhances market access for its agriculture and manufacturing sectors, and signals stronger bilateral ties amid global trade tensions, with optimism for a fuller bilateral trade agreement ahead.
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