US President Donald Trump’s decision to cut tariffs on Indian goods from 50% to 18% augurs well for the country as it will boost exports, Finance Minister Nirmala Sitharaman said on Tuesday. “So, actually our exports will pick up now, that is my expectation… along with having found new markets where they will continue to…
US President Donald Trump on Tuesday ended months of speculation by announcing a US–India trade deal, under which he pledged to cut reciprocal tariffs on Indian goods to 18% from 25, offering relief to Indian exporters. While the finer details of the agreement remain unclear, Trump claimed that New Delhi had agreed to a series…
India-US trade deal: US President Donald Trump has announced a sharp reduction in tariffs on Indian goods. Global news publications have reported the major shift in India-US trade relations. According to Trump, following a phone call with Prime Minister Narendra Modi, the US reduced duties from 25% to 18%. At one point, the tariff peaked…
US Ambassador to India Sergio Gor on Monday described the India–United States relationship as having “limitless potential”, following President Donald Trump’s announcement of a new bilateral trade agreement that sharply lowers American tariffs on Indian goods and signals a major realignment in energy and technology cooperation. Tariffs Slashed as Washington DC and New Delhi Seal…
The United States and India share a historic bond as the world’s oldest and largest democracies, US President Donald Trump said on Monday as he greeted India on its 77th Republic Day celebrations. Trump’s greetings came amid continuing strain in ties between the two countries over a range of issues, including Washington’s policies on trade…
