1 hour ago
Last Updated:February 02, 2026, 22:38 IST
US President Donald Trump said on Monday that he and Prime Minister Narendra Modi had agreed to a new trade deal that would lower reciprocal tariffs between the two countries.
The United States and India have agreed to a trade deal that will reduce reciprocal tariffs, President Donald Trump announced on Monday. (IMAGE: REUTERS)
President Donald Trump on Monday said the United States and India had agreed to a bilateral trade deal that would lower reciprocal tariffs between the two countries.
Announcing details of a phone conversation with Prime Minister Narendra Modi, Trump said Washington would reduce its reciprocal tariff on Indian goods from 25 per cent to 18 per cent, effective immediately. In return, he claimed India would move to cut its own tariffs and non-tariff barriers against US products to “zero."
Trump made the remarks in a lengthy post on social media, describing Modi as “one of my greatest friends" and saying the two leaders had discussed trade, energy cooperation and the war in Ukraine.
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Washington D.C., United States of America (USA)
First Published:
February 02, 2026, 22:32 IST
News world 'We Agreed To A Trade Deal': After Call With PM Modi, Trump Announces India Tariff Cut
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