U.S. President Donald Trump and Indian Prime Minister Narendra Modi meet in the Oval Office on Feb. 13, 2025. Andrew Harnik/Getty Images
The United States and India have reached a trade agreement and will begin lowering tariffs on each other’s goods immediately, U.S. President Donald Trump announced on Feb. 2.
As part of the deal, the United States will cut its reciprocal tariff rate from 25 percent to 18 percent, Trump wrote on Feb. 2 in a post on Truth Social. In exchange, he said, India has agreed to “move forward to reduce [its] Tariffs and Non Tariff Barriers against the United States to ZERO.”
