Trump and Narendra Modi Sign Trade Deal as India Cuts Russian Oil
Donald Trump and Narendra Modi finalized a trade agreement that requires India to immediately halt all Russian oil imports in exchange for lower USA tariffs.The USA will reduce duties on Indian goods from 50 percent to 18 percent as India commits to purchasing more than $500B in USA energy, technology, and agriculture.This deal follows a separate free trade pact with the
EU and coincides with
India seeking new energy sources in
Venezuela after the capture of
Nicolas Maduro.
Published:29h |Updated:23h