The deal involves reducing reciprocal tariffs from 25% to 18% and eliminating the additional 25% duty on Russian oil imports into India. India has also agreed to increase imports from the US by $500 billion, covering sectors like energy, technology, agriculture, and defence.
In its report titled "India: US-India conclude trade deal: President Trump lowers 'reciprocal' tariffs on India to 18%", Goldman Sachs noted that President Trump announced on social media a reduction in the reciprocal tariffs on Indian goods imports to 18% down from the earlier 25%, 'effecti
Prime Minister Narendra Modi on Tuesday addressed the NDA MPs at the NDA Parliamentary Party Meeting, saying that the Union Budget 2026 has been prepared keeping the next 25 years in mind. He urged the MPs to explain this to the general public for their better understanding
Former MoS MEA MJ Akbar called the India-US trade deal the "first child" of the India-EU "mother of all trade deals." He praised PM Modi's cooperative nationalism for sidelining US tariff pressure, predicting stable, promising India-US ties ahead.
Following President Donald Trump's announcement of a US-India trade deal cutting tariffs to 18%, Partner Asia Group Nisha Biswal Nisha Biswal highlighted deeper cooperation, while Prime Minister Narendra Modi welcomed the move amid India's expanding engagement with Western partners.
Following the announcement of the India-US trade deal by US President Donald Trump, where Washington reduced the reciprocal tariff from 25 per cent to 18 per cent, experts welcomed the announcement, describing it as a significant step towards strengthening economic ties and restoring mome
US Ambassador to India Sergio Gor on Monday welcomed US President Donald Trump's claims regarding a trade deal with India, where Washington reduced the Reciprocal Tariff from 25 per cent to 18 per cent.
US President Donald Trump on Monday said he and Prime Minister Narendra Modi "have agreed to a Trade Deal" between the United States and India, whereby the United States will charge a reduced Reciprocal Tariff, lowering it from 25% to 18%.
Iran's Parliament Speaker Mohammad Baqer Qalibaf said Tehran will treat European armies as terrorist groups after the EU blacklisted the IRGC. He defended the IRGC's role in fighting terrorism and warned Europe of consequences, saying the move would only strengthen public support for the for
Announcing the move on Truth Social, Trump said, "Because the Korean Legislature hasn't enacted our Historic Trade Agreement, which is their prerogative, I am hereby increasing South Korean TARIFFS on Autos, Lumber, Pharma, and all other Reciprocal TARIFFS, from 15% to 25%." It remains un
Amid a downturn in India's ties with Bangladesh due to developments in the neighbouring country, former diplomat Mahesh Sachdev has said that the Interim Government in Dhaka would like the situation to de-escalate and India would be willing to reciprocate such sentiments.