US cuts tariffs on India to 18% from 50%: Here’s what Trump, PM Modi said - News Summed Up

US cuts tariffs on India to 18% from 50%: Here’s what Trump, PM Modi said


The development comes after a telephone conversation between US President Donald Trump and Prime Minister Narendra Modi earlier in the day. What Trump announced on MondayUS President Trump first announced the agreement on a trade deal between Washington and New Delhi. Story continues below this adHere is the full statement: “It was an Honor to speak with Prime Minister Modi, of India, this morning. Prime Minister Modi and I are two people that GET THINGS DONE, something that cannot be said for most. The announcement comes after the newly-appointed Ambassador to India, Sergio Gor, said US President Trump spoke with Prime Minister Narendra Modi.


Source: Indian Express February 02, 2026 17:10 UTC



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