India-US trade deal finalised, reciprocal tariffs to be cut down: Donald Trump - News Summed Up

India-US trade deal finalised, reciprocal tariffs to be cut down: Donald Trump


In a post on Truth Social, a social media platform that he owns, Trump said the US will reduce reciprocal tariffs on India from 25 percent to 18 percent. India and the United States have agreed to a trade deal after holding negotiations for several months, according to an announcement made by US President Donald Trump. In a post on Truth Social, a social media platform that he owns, Trump said the US will reduce reciprocal tariffs on India from 25 percent to 18 percent. In his post, Trump said: "We 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%." The American president added that India will "buy much more from the United States and, potentially, Venezuela.


Source: dna February 02, 2026 19:50 UTC



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