President Donald Trump announced on Truth Social that the United States and India have reached a new trade agreement that will reduce the reciprocal tariff rate from 25% to 18%. The change, will take effect pending the signing of an executive order to formally adjust the tariff on U.S. imports.
In his post, President Trump highlighted the significance of the agreement and its role in strengthening U.S.–India economic ties. The update follows his conversation with Indian Prime Minister Narendra Modi, during which both leaders affirmed their commitment to expanding bilateral trade and reducing barriers.
https://truthsocial.com/@realDonaldTrump/posts/116002095109616255