U.S. President Donald Trump said Monday that Washington and New Delhi finalized a trade agreement, with India committing to end its Russian oil purchases and buy more energy from the United States, APA reports.
"Out of friendship and respect for Prime Minister Modi and, as per his request, effective immediately, we agreed to a Trade Deal between the United States and India, whereby the United States will charge a reduced Reciprocal Tariff, lowering it from 25% to 18%,” Trump said in a social media post following a call with Indian Prime Minister Narendra Modi.
Modi also committed to buy more than $500 billion dollars worth of U.S. energy, technology, agricultural and other products, Trump added.
Follow us on Telegram
t.me/apanewsaz
Follow us on Instagram
Follow us on TikTok
Follow us on Facebook
Follow us on X
