Trump Announces India-US Trade Deal: Tariffs Cut to 18%, Modi Pledges 'Buy American'

• US President Donald Trump announced a bilateral trade deal with India, reducing reciprocal tariffs from 25% to 18% immediately.
• India committed to reducing its tariffs and non-tariff barriers against the US to zero.
• The deal was made out of "friendship and respect for Prime Minister Modi," who pledged to "BUY AMERICAN" at a higher level.
• India will purchase over $500 billion in US energy, technology, agricultural, and other products.
• Modi reportedly agreed to stop buying Russian oil, opting for US and potentially Venezuelan energy, and discussed ending the Russia-Ukraine war.

Why It Matters: Trump announced a US-India trade deal with tariff cuts and India's commitment to increased US product purchases.