US President Donald Trump on Monday announced a long-awaited trade deal with New Delhi, cutting tariff rates on Indian expo

India and the US sealed a major trade pact with Washington cutting tariffs on Indian goods to 18%, giving New Delhi a clear edge over China and key Asian export rivals. The deal marks a thaw in ties and is expected to boost Indian exports,

The Indian stock markets opened higher this morning with Nifty jumping 750 points and Sensex opening 2,400 points higher hours after the much-awaited India-US trade agreement.

India-US Trade Deal News Live: US President Donald Trump on Monday said he and Prime Minister Narendra Modi "have agreed to a Trade Deal" between the United States and India, whereby the United States will charge a reduced Reciprocal Tariff, lowering it from 25% to 18%.

India has shed import duties on European cars, opening its long-protected auto industry from global competition.

India has emerged as the biggest beneficiary of the recent US tariff cuts in Asia. After the reduction, India now faces the lowest American tariff rate among major Asian economies at 18%. In comparison,