ReferIndia News U.S.-India Trade Deal: A Landmark Economic Shift

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U.S.-India Trade Deal: A Landmark Economic Shift

Published on: Feb. 3, 2026, 3:46 a.m. | Source: Devdiscourse

On Monday, President Donald Trump announced a significant trade deal with India, reducing U.S. tariffs on Indian goods to 18% from 50%. This deal coincides with India's commitment to cease Russian oil purchases, while strengthening economic ties through increased imports of U.S. energy and technology.

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