India–US trade thaw: Modi and Trump deal reshapes tariffs, energy ties, and global strategy.
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Firstpost04-02-2026, 17:20

India's Tariff Diplomacy: A Confident Rise on the World Stage with US Deal

  • The US has agreed to reduce tariffs on Indian goods from 50% to 18%, a move welcomed by PM Modi for 'Made in India' products.
  • In return, India will lower trade barriers and potentially reduce reliance on Russian oil, opting for US and Venezuelan imports.
  • This agreement signals India's growing confidence and proactive diplomacy, diversifying partnerships and ensuring economic stability.
  • The deal follows a landmark trade agreement with the European Union, further highlighting India's strategy to broaden global alliances.
  • Analysts view India's move towards energy diversification as strategic, reducing reliance on a single nation and integrating deeper with US tech and investment.

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