The United States and India have reached a new trade agreement that will see Washington reduce reciprocal tariffs on Indian goods from 25 percent to 18 percent, according to an announcement by former U.S. President Donald J. Trump.
In a statement shared on social media, Trump said the agreement followed a conversation with Indian Prime Minister Narendra Modi, describing him as a close friend and a respected global leader. Trump noted that the discussions covered a wide range of issues, including trade, energy cooperation, and geopolitical concerns.
Under the terms outlined by Trump, India is expected to significantly reduce its own tariffs and non-tariff barriers against U.S. goods, with some barriers lowered to zero. He added that Prime Minister Modi also committed to increasing India’s purchases of American products, particularly in the areas of energy, technology, agriculture, and coal.
Trump further claimed that India would reduce its reliance on Russian oil imports and instead buy more energy from the United States and potentially Venezuela, framing the move as part of broader efforts to ease global tensions and contribute to ending the Russia–Ukraine war.
The former president said the trade deal reflects a strengthening economic relationship between the two countries and would boost American exports while deepening bilateral ties. He described the agreement as a major step forward, stressing that both leaders were focused on delivering tangible outcomes.
There has been no immediate official confirmation from the Indian government detailing the scope or timeline of the agreement, but analysts say any tariff reduction between the world’s two largest democracies could have significant implications for global trade flows and U.S.–India economic relations going forward.
