PM Modi Hailed in Parliament for India-US Trade Deal; Tariff Reduced to 18%

• Prime Minister Narendra Modi was felicitated by NDA workers in Parliament for securing a trade deal with US President Donald Trump.
• The deal includes a reduction of reciprocal tariffs on Indian goods from 25 percent to 18 percent, announced by Trump on Truth Social.
• Trump's announcement also claimed India would stop purchasing Russian oil, linking previous 50 percent duties to India's oil imports supporting Russia's war efforts.
• The NDA Parliamentary Party meeting also welcomed BJP National President Nitin Nabin, with key leaders present.
• Parliament continued discussions on the motion of Thanks to the President’s Address amidst disruptions over Rahul Gandhi's remarks on border tensions with China.

Why It Matters: PM Modi received parliamentary praise for a new India-US trade deal reducing tariffs and impacting Russian oil purchases.