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Asian Economy · United StatesPresident Donald Trump said Monday that he plans to lower tariffs on goods from India to 18%, from 25%, after Indian Prime Minister Narendra Modi agreed to stop buying Russian oil.
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Trump plans to lower tariffs on Indian goods to 18% after India agreed to stop buying Russian oil
46% Center coverage: 252 sources
Tariffs · IndiaUS President Donald Trump and Indian Prime Minister Narendra Modi have agreed to a trade deal that significantly cuts US tariffs on Indian goods, a move aimed at easing longstanding trade tensions between the two largest democracies. Under the agreement, the levy that stood at 50 per cent has been reduced to 18 per cent, with Washington withdrawing the extra penalty previously linked to India’s purchase of Russian crude oil and leaving only the revised reciprocal tariff in place.See the Story
India Gains Edge as US Tariff Deal Lowers Rates Below China, Pakistan, Indonesia
52% Right coverage: 25 sources
