India, US achieve diplomatic breakthrough with trade deal; tariffs on Indian goods cut to 18%

  • Posted on February 3, 2026
  • By Business News Today
  • 5 Views
India, US achieve diplomatic breakthrough with trade deal; tariffs on Indian goods cut to 18%

India-US trade deal: After speaking with PM Narendra Modi, US President Donald Trump dials down the tariff temperature on India to 18%, while claiming New Delhi would nullify levy on American goods and stop buying Moscow oil
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