India’s prime minister, Narendra Modi, confirmed the reduction in tariffs, though he was mum on Mr Trump’s claim that India had committed to buy more American goods, including $500bn worth of energy and agricultural products.

The United States and India finalized a trade agreement Monday, helping stabilize a relationship that had been in decline during Trump’s second term.

The sharp tariff rollback offers India a stronger footing against several emerging market competitors in the US, but former envoy Meera Shankar cautions that the real gains will depend on how quickly India tackles domestic cost and logistics hurdles to convert the lower duty into sustained export momentum.

U.S. President Donald Trump said on Monday he had agreed on a trade deal with India, and that New Delhi also agreed to stop buying Russian oil and buy more from the U.S. and potentially Venezuela.

The House of Representatives returned to D.C. today to vote on a partial government funding bill passed by the Senate on Friday. Context: Funding lapsed for parts of t