"This will help END THE WAR in Ukraine, which is taking place right now, with thousands of people dying each and every week! India is the second largest purchaser of Russian crude and the imports have increased tensions between the two countries. Trump said that India, as agreeing to stop buying Russian oil, would also buy more oil from the United States and potentially Venezuela."
"Out of friendship and respect for Prime Minister Modi and, as per his request, effective immediately, 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%, Trump said in a Truth Social media post after a call with Modi. Modi also committed to buy more than $500bn dollars worth of US energy, technology, agricultural and other products, Trump added."
Donald Trump announced that the United States will immediately reduce its reciprocal tariff on India from 25% to 18% following a phone call with Narendra Modi. Modi agreed to stop buying Russian oil and to increase purchases of oil from the United States and possibly Venezuela. Modi committed to purchasing more than $500 billion of U.S. energy, technology, agricultural, and other products. Trump characterized the tariff cut as helping to end the war in Ukraine and framed the deal as arising from friendship and Modi's request. Trump portrayed the agreement as strengthening U.S.-India relations and demonstrating effective leadership.
Read at www.theguardian.com
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