business / news / / Times of India
The deal comes after several months of negotiations.
India and the US have finalized a trade deal reducing US tariffs on Indian goods from 25% to 18%.
KEY POINTS
- India has committed to stop buying Russian oil and will increase energy imports from the US and possibly Venezuela.
- India will reduce its tariffs and non-tariff barriers on US products to zero under the deal.
- India has agreed to purchase at least $500 billion of US energy, technology, agriculture, and coal products.
COMPANIES
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