President Trump Announces Trade Agreement with India: Tariffs Reduced and $500 Billion in American Products to be Purchased

President Trump Announces Trade Agreement with India: Tariffs Reduced and $500 Billion in American Products to be Purchased

President Trump recently announced that he has reached a trade agreement with India. As part of the deal, India has agreed to reduce its tariffs on US goods from 25% to 18%. Additionally, India has committed to purchasing more than $500 billion worth of American energy, technology, agricultural, and other products. This agreement comes after a call between President Trump and Indian Prime Minister Narendra Modi. While President Trump has made this announcement, Prime Minister Modi has not yet confirmed the deal or provided any comments on the matter.