US-India Trade Deal: 'Daddy of All Deals' Slashes Tariffs, Boosts Indian Exports

• US President Donald Trump has significantly reduced tariffs on Indian exports, cutting them from up to 50% to 18%.
• The deal, dubbed "The Daddy of All Deals" by Moneycontrol's Manas Chakravarty, aims to reset trade relations and boost market sentiment.
• India will diversify its energy supply by purchasing more oil and gas from the US, reducing dependence on Russia.
• Indian export sectors like textiles, gems and jewelry, pharmaceuticals, and auto components will gain a competitive edge in the US market.
• The agreement is expected to strengthen the rupee, increase exports, create jobs, and attract foreign investment, leading to economic growth.

Why It Matters: The US-India trade deal significantly cuts tariffs, boosting Indian exports and resetting economic relations for growth.