Modi, Trump announce India-US ‘trade deal’: What we know and what we don’t

New Delhi, India – United States President Donald Trump has announced what he described as a “trade deal” with India to reduce market barriers between the two countries, which have a combined gross domestic product of $33 trillion.

On Monday, Trump said he would reduce trade tariffs on Indian goods from 50 to 18 percent after New Delhi agreed to stop buying Russian oil – one of ...