U.S., India Finalize Trade Deal as Trump Links Agreement to Ending Ukraine War
The United States will reduce tariffs on Indian goods to 18% after President Donald Trump announced a new trade agreement with India following a call with Prime Minister Narendra Modi. The reduced rate marks a rollback from the 25% “reciprocal” tariff imposed last year, along with an additional 25% penalty tied to India’s purchases of Russian oil, the Wall Street Journal reported.
