NEW DELHI – The United States and India have finalized a trade agreement, President Donald Trump said in a Truth Social post Monday, putting an end to rancorous, months-long negotiations and steadying a relationship that had plummeted to its lowest point in decades.

The agreement calls for Washington to lower its 25 percent tariff on goods imported from India to 18 percent, with India reducing its tariffs on U.S. goods to zero, according to Trump. It is unclear whether the additional 25 percent tariff Trump levied on New Delhi for its purchases of Russian oil in August will remain, though the president wrote that Prime Minister Narendra Modi has also agreed to “stop buying Russian Oil.”

“Our amazing relationship with India will be even stronger going forward,” Trump said.

In a post on X, Modi thanked Trump “for this wonderful announcement” and said that “when two large economies and the world’s largest democracies work together, it benefits our people and unlocks immense opportunities for mutually beneficial cooperation.”

The long-sought agreement between Washington and New Delhi was reached just days after India signed a sweeping trade deal with the European Union, part of the country’s efforts to diversity its global partnerships amid tensions with the White House.

Trump, in his Truth Social post, said India would also purchase more than $500 billion of U.S. energy, technology, agriculture and coal products.

(c) 2026, The Washington Post 

{Matzav.com}