Economy
Trump Hails 'Historic' US-India Trade Deal in Major Win for Both Economies

President Donald Trump has showered praise on a freshly inked trade agreement with India, dubbing it "historic" and a massive boost for American workers and exporters. The deal, announced after a direct call with Prime Minister Narendra Modi, slashes steep tariffs and paves the way for billions in new cross-border business.
At its core, the pact immediately cuts U.S. tariffs on Indian imports from 50%—including a 25% penalty linked to India's purchases of Russian oil—to a more manageable 18%. India, in turn, is rolling back its own duties and barriers on American goods, with a strong "Buy American" push targeting over $500 billion in sectors like energy, tech, agriculture, and defense.
Modi echoed the excitement on social media, spotlighting how "Made in India" products now face fewer hurdles in the massive U.S. market. Everyday examples? U.S. farmers stand to ship more almonds, soybeans, whiskey, and fresh fruits to India's 1.4 billion consumers, easing pain from prior trade walls.
This comes amid Trump's aggressive "America First" revival in his second term, dialing down 2025 frictions over energy and tariffs. It's a pragmatic counter to global shifts, like India's oil ties with Russia, while locking in U.S. gains without full zero-tariff drama—though the White House calls it a foundation for an even bigger bilateral treaty down the line.
Business leaders are buzzing: U.S. ag exporters cheer the access, while Indian textile and pharma firms eye job growth from cheaper U.S. entry. Yet, Modi faces some home-front grumbles over farm imports, testing his balancing act. Geopolitically, it bolsters U.S.-India bonds in the Indo-Pacific, blending commerce with security in Trump's signature deal style. As details firm up, this pact signals a thaw in trade wars, promising real pocketbook relief and stronger ties between the world's top economies. Stay tuned for implementation updates.



