Modi Cheers New U.S.-India Trade Deal Capping Tariffs at 18 Percent

On Monday, Indian Prime Minister Narendra Modi thanked President Donald Trump for a trade deal between the two nations that reduces reciprocal tariffs on Indian goods to 18 percent, moments after Trump unveiled the agreement.

In a post on X, Modi stated: “Delighted that Made in India products will now have a reduced tariff of 18%,” adding he looked forward to working closely with the president.