After call with Modi, Trump lowers U.S. tariffs on Indian exports to 18% from 25%
Donald Trump said the U.S. will reduce tariffs on Indian exports to 18% from 25% after a call with Narendra Modi, and wrote the change is "effective immediately." He tied the move to India cutting purchases of Russian oil, and claimed India would buy up to $500bn in U.S. goods, a figure analysts dispute.