Last updated: 2026-02-03 08:23:53 ET
Indian industry has welcomed lower tariffs, but experts caution against celebration until details are clearer.
Officials and business leaders sighed with relief at lower tariffs, as they wait to see what the rest of it means.
President Donald Trump says 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
New Delhi has vowed to stop purchasing Russian oil in exchange for reduced U.S. tariffs.
President Trump announced that he and Indian Prime Minister Narendra Modi have agreed to a trade deal that will lower tariffs and halt India's purchas...
The agreement was short on details, but President Trump said India had promised to stop buying Russian oil and would buy more U.S. products for a redu...
The U.S. and India have reached a trade deal to lower tariffs, President Donald Trump announced.
Tariffs will drop from 50% to 18% on Indian goods, while India has agreed to stop buying Russian oil.
US president made announcement on Truth Social after a Monday call with India’s prime ministerDonald Trump claimed India has agreed to stop buying R...
Five charts show the impact on the economy after a year of sweeping trade changes by the Trump administration
