Last Updated:February 03, 2026, 07:41 IST
India-US Trade Deal LIVE: Trump announced a US-India trade deal lowering tariffs on India, boosting energy and American goods trade.
TL;DR: India-US Trade Deal LIVE Updates: US President Donald Trump on Monday announced that the United States and India have reached a trade deal to lower reciprocal tariffs.
India-US Trade Deal LIVE Updates: US President Donald Trump on Monday announced that the United States and India have reached a trade deal to lower reciprocal tariffs. He said that following a phone call with Prime Minister Narendra Modi, the US would reduce tariffs on Indian goods from 25 per cent to 18 per cent with immediate effect. In return, Trump claimed India would cut its tariffs and non-tariff barriers on US products to “zero.”
In a post on Truth Social, Trump described PM Modi as a close friend and a respected leader, adding that India had also agreed to “stop buying Russian Oil” and increase energy purchases from the US. He further said India would significantly ease trade barriers for American goods.
Responding on X, Prime Minister Modi said he was delighted by the discussion with his “dear friend President Trump” and welcomed the reduction in tariffs on Made in India products. A White House official later told ANI that the US would also withdraw an additional 25 per cent tariff imposed over India’s purchase of Russian oil, stating that India has to “cease, not just reduce, Russian oil purchases.”
External Affairs Minister S Jaishankar welcomed the deal, saying it would boost jobs, economic growth, innovation, and strengthen the Make in India initiative.
India-US Talks Live Updates: Ashwini Vaishnaw Lauds India-US Trade Agreement, Calls It 'Win-Win Deal'
TL;DR: Union Minister for Railways and Information & Broadcasting Ashwini Vaishnaw lauded the India-US trade deal, where Washington reduced the tariffs on India to 18 per cent, describing it as a “win-win deal” that will...
Union Minister for Railways and Information & Broadcasting Ashwini Vaishnaw lauded the India-US trade deal, where Washington reduced the tariffs on India to 18 per cent, describing it as a “win-win deal” that will benefit citizens and industries of both countries.
India-US Trade Deal LIVE: Deal Unlocks Unprecedented Opportunities For Farmers And Entrepreneurs, Says Piyush Goyal
TL;DR: He said the trade deal unlocks unprecedented opportunities for farmers, MSMEs, entrepreneurs, and skilled workers.
Commerce and Industry Minister Piyush Goyal has said that the India-US trade deal unlocks the power of two large democracies working together for the shared prosperity of their people, and the bilateral partnership will co-create technologies and co-develop solutions. He said the trade deal unlocks unprecedented opportunities for farmers, MSMEs, entrepreneurs, and skilled workers. In a post on X, he lauded Prime Minister Narendra Modi and US President Donald Trump for the trade deal.
India-US Talks Live Updates: EAM Jaishankar Welcomes Deal, Says 'Will Strengthen Make In India Endeavours'
TL;DR: “This will create more jobs, spur growth and promote innovation in both economies.
External Affairs Minister S Jaishankar on Tuesday welcomed the India-US trade deal, where Washington reduced the tariffs on India to 18 per cent, saying that the agreement will boost job creation, spur economic growth, promote innovation, and strengthen India’s flagship ‘Make in India’ initiative. “This will create more jobs, spur growth and promote innovation in both economies. It will strengthen ‘Make in India’ endeavours and encourage trusted technology ties,” he wrote on X.
India-US Trade Deal Explained: How Indian Exports Stand To Gain, Sectors That Benefit The Most
'Credit Goes To President Trump And PM Modi': Sergio Gor To News18 On US-India Trade Deal
'His Leadership Vital For Global Peace': PM Modi Thanks President Trump After US Tariff Rollback
TL;DR: Stressing on the ‘Make in India’ factor, Prime Minister Narendra Modi on Monday thanked US President Donald Trump soon after Washington confirmed a trade agreement with New Delhi by reducing tariffs on Indian products...
Stressing on the ‘Make in India’ factor, Prime Minister Narendra Modi on Monday thanked US President Donald Trump soon after Washington confirmed a trade agreement with New Delhi by reducing tariffs on Indian products from 50 percent to 18 percent. Read more
'We Agreed To A Trade Deal': After Call With PM Modi, Trump Announces India Tariff Cut
Curated by Aisha Patel
