India-US Trade Deal Sealed: Tariffs Slashed to 18%

India and the United States have sealed a major trade agreement, ending a year-long tariff standoff. US President Donald Trump announced that tariffs on Indian goods will be cut from 50% to 18%, calling it a breakthrough deal. The pact is expected to boost Indian exports, ease market access, and strengthen bilateral economic ties. Markets reacted positively, with experts calling it a big win for Indian industry and investors. However, questions remain over claims that India will stop buying Russian oil and shift to US and Venezuelan crude.

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