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US-India Trade Deal Finalised; Tariff to be Slashed to 18 Per Cent: Donald Trump

SRINAGAR: US President Donald Trump on Monday announced that he would lower reciprocal tariffs on Indian imports from 25percent to 18percent, following a conversation with Prime Minister Narendra Modi. The move marks a warming of IndiaUS relations, which had been strained due to high tariffs. However, an additional 25 per cent tariff on Indian exports []

2 Feb 2026 11:00 pm