US president says deal reached with India after Modi agreed to stop buying Russian oil. But details are scarce.
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New Delhi, India – United States President Donald Trump has announced what he described as a “trade deal” with India to reduce market barriers between the two countries, which have a combined gross domestic product of $33 trillion.
On Monday, Trump said he would reduce trade tariffs on Indian goods from 50 to 18 percent after New Delhi agreed to stop buying Russian oil – one of the major sticking points between the two sides.
