What We Know About the US–India Trade Deal #politics #india
Bloomberg Television·2026-02-03 10:53
The US and India have struck a deal. President Donald Trump says Washington will cut tariffs on Indian goods from 50% to 18%. In return, he says India has agreed to stop buying Russian oil.Trump also says India will zero out trade barriers against the US and buy $500 billion worth of American energy as well as agricultural and technology products. The breakthrough came after a phone call between Trump and Prime Minister Narendra Modi, dialing down months of trade tensions between the two countries. The tari ...