US President Donald Trump has delivered a major win for Indian exports by reducing tariffs from 25% to 18%, a move promptly welcomed by Prime Minister Narendra Modi. Posted on Truth Social, the decision underscores deepening economic bonds between Washington and New Delhi.
Following a direct conversation, Modi shared his enthusiasm on X: ‘Spoke with my dear friend President Trump today. Delighted that Made in India products will now face 18% tariffs. Gratitude from 1.4 billion Indians for this stellar announcement.’
Modi highlighted the synergies of two powerhouse economies uniting. ‘Our joint efforts bring direct benefits to citizens and unlock vast cooperative potentials,’ he noted, while commending Trump’s role in global peace and affirming India’s solidarity in those endeavors.
Trump’s detailed Truth Social post painted a vivid picture of their dialogue. Calling Modi a close ally and formidable leader, he detailed talks on trade, curbing the Russia-Ukraine war, and energy shifts. Notably, Modi reportedly consented to stop buying Russian oil, favoring US and Venezuelan supplies to hasten conflict resolution.
A landmark trade accord emerged from the call, with the US cutting tariffs to 18% at Modi’s behest, reciprocated by India’s pledge to eliminate tariffs and barriers progressively. Ambassador Sergio Gorman’s update confirmed the broad-ranging discussion.
This tariff reduction arrives at a crucial juncture, potentially reshaping global supply chains. Industry watchers predict a surge in Indian exports, particularly in manufacturing sectors, fortifying economic resilience. The Modi-Trump rapport exemplifies how personal diplomacy can drive policy breakthroughs, setting the stage for a robust future partnership amid international tensions.
