US cuts tariffs on India to 18%, India agrees to end Russian oil purchases
Government
WASHINGTON, Feb 2 : U.S. President Donald Trump on Monday said he had agreed on a trade deal with India that slashes U.S. tariffs on Indian goods to 18 per cent from 50 per cent in exchange for India lowering trade barriers, stopping its purchases of Russian oil and buying oil instead from the U.S. and potentially Venezuela. “Out of friendship and respect for Prime Minister Modi and, as per his request, effective immediately, we agreed to a Trade Deal between the United States and India,
din zilele anterioare