Donald Trump had slapped India with a punitive 25% tariff for buying Russian oil on top of a 25% 'reciprocal' tariff.

The U.S. and India have reached a trade deal, President Donald Trump announced.

Tariffs will drop from 50% to 18% on Indian goods, while India has agreed to stop buying Russian oil.

Donald Trump had slapped India with a punitive 25% tariff for buying Russian oil on top of a 25% 'reciprocal' tariff.

WASHINGTON/NEW DELHI: US President Donald Trump on Monday announced a trade deal with India that slashes US tariffs on Indian goods to 18% from 50% in exchange for India halting…

Indian industry has welcomed lower tariffs, but experts caution against celebration until details are clearer.

NEW DELHI: The US and India have announced reaching a trade agreement after months of friction, with President Donald Trump saying that Prime Minister Narendra Modi had “agreed”…