Donald Trump with PM Narendra Modi (File photo/AP)
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News1805-02-2026, 08:30

White House Hails India-US Trade Deal as 'Clear Win' for Both Nations

  • White House Press Secretary Karoline Leavitt praised the India-US trade pact, calling it a "clear win" economically, strategically, and geopolitically for both countries.
  • Leavitt stated that India committed to ending Russian oil purchases and boosting imports of American energy, with potential sourcing from Venezuela.
  • Prime Minister Modi reportedly pledged $500 billion in investments into the United States, targeting transportation, energy, and agricultural sectors.
  • Former President Trump announced a reduction in US reciprocal tariffs on Indian goods from 25% to 18%, citing friendship and respect for PM Modi.
  • PM Modi welcomed the tariff reduction, expressing delight that "Made in India" products would benefit, while Commerce Minister Piyush Goyal confirmed protection for sensitive Indian economic sectors.

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