US President Donald Trump announced a trade deal between India and the United States on Monday, adding that the US reciprocal tariffs on India would be slashed to 18 per cent.

US President Donald Trump on Monday announced a long-awaited trade deal with New Delhi, cutting tariff rates on Indian expo

India US Trade Deal LIVE Updates: Day after India and the US reached a trade agreement and Trump claimed that India has agreed to stop purchasing Russian oil, Moody's said, “India is unlikely to cease all purchases immediately which could be disruptive to India’s economic growth”.

US President Donald Trump on Monday said the United States and India have reached a trade agreement, under which reciprocal tariffs will be reduced from 25 per cent to 18 per cent.

India will grant the United States some limited access to its market for agricultural products but maintain key protections, officials from the two countries said on Tuesday as the outlines of a tariff-reducing trade deal between U.