India Made Long Push With Trump Behind Scenes to Clinch US Deal


On Monday, Trump announced he’d reached a trade agreement with Modi that would reduce tariffs on India’s goods to 18%, lower than most of its peers in Asia. A punitive 25% duty that the US leader had slapped on India for buying Russian oil was also scrapped. In turn, Trump said, India agreed to purchase $500 billion of US goods, switch to buying Venezuelan oil, and reduce tariffs on US imports to zero. Modi’s government hasn’t confirmed those details and neither side has published any documentation to codify the agreement. 



Source link

  • Related Posts

    South Africa Coalition-Partner Head Confirms He’ll Step Down

    Steenhuisen, 49, also serves as South Africa’s agriculture minister, one of six DA members in President Cyril Ramaphosa’s cabinet. Hill-Lewis plans to run for a second mayoral term in municipal…

    China to ban hidden door handles on cars starting 2027

    HONG KONG (AP) — China will ban hidden door handles on cars, commonly used on Tesla’s electric vehicles and many other EV models, starting next year. All car doors must…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    RCMP working with London, Ont., police on bomb-making investigation

    RCMP working with London, Ont., police on bomb-making investigation

    NASA plans on-pad leak repair for grounded Artemis II moon rocket before possible March launch

    NASA plans on-pad leak repair for grounded Artemis II moon rocket before possible March launch

    I Found Zoë Kravitz’s Lace Slip Dress for Under £200

    I Found Zoë Kravitz’s Lace Slip Dress for Under £200

    Epstein files reveal the scum who think they can do whatever they like

    Epstein files reveal the scum who think they can do whatever they like

    South Africa Coalition-Partner Head Confirms He’ll Step Down

    From ‘nerdy’ Gemini to ‘edgy’ Grok: how developers are shaping AI behaviours | AI (artificial intelligence)

    From ‘nerdy’ Gemini to ‘edgy’ Grok: how developers are shaping AI behaviours | AI (artificial intelligence)