Trump: India agreed not to buy oil from Russia; New Delhi reduces tariff to 18 percent

tariff

PNN – Regarding the topics of his discussions with the Indian Prime Minister, the US President announced: India agreed not to buy oil from Russia; also, New Delhi’s tariff will be reduced to 18%.

According to the report of Pakistan News Network, US President Donald Trump posted a message on his social media account, Truth Social, on Monday, writing: It was an honor to meet with Indian Prime Minister Modi today.

The US President wrote: He is one of my best friends. We talked about many issues, including trade and ending the Russia-Ukraine war. He agreed to stop buying Russian oil and buy more oil from the US and possibly Venezuela. This will help end the war in Ukraine! Out of friendship and respect for Prime Minister Modi, and at his request, effective immediately, we have agreed to a trade agreement between the United States and India under which Washington will apply a reduced reciprocal tariff, reducing it from 25% to 18%.

Donald Trump added: They are also moving towards reducing their tariffs and non-tariff barriers against the United States to zero.

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