PM Narendra Modi Announces Reduced 18% US Tariff on Made in India Products
India–US Trade Ties Get a Major Boost Prime Minister Narendra Modi has announced a significant breakthrough for Indian exports, stating that Made in India products will now face a reduced US tariff of 18 per cent . The announcement was made through a social media post following his conversation with United States President Donald Trump, highlighting a positive step forward in India–US trade relations. The tariff reduction is part of a broader understanding between the two countries aimed at enhancing bilateral trade and strengthening economic cooperation between the world’s two largest democracies. Modi–Trump Conversation Sets the Tone Prime Minister Modi described his interaction with President Trump as “wonderful,” referring to the US President as his “dear friend.” He emphasised that when two large economies collaborate, it creates opportunities that benefit people on both sides. The Prime Minister noted that cooperation between India and the United States unlocks imme...