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