huhaa
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time to buy the dip?)
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GN! GOOD NEWS! ~~US and India reach trade deal, Trump says after Modi call~~ 🇺🇸🤝🇮🇳 US–India Trade Deal President Donald Trump announced a new trade agreement with Indian PM Narendra Modi after a phone call between the two leaders. The US will cut tariffs on Indian goods from 25% to 18%, while India agreed to remove tariff and non-tariff barriers to US products. India will also stop buying Russian oil, prompting Washington to drop the extra penalty tariffs linked to those purchases. Trump said Modi committed to buying over $500bn of American goods, including energy, technology, agriculture, and coal, with increased US oil imports. Modi welcomed the deal, saying cooperation between the world’s largest democracies will unlock major opportunities. The agreement follows months of trade tensions and comes shortly after India finalized a major free trade deal with the EU. US markets edged higher after the announcement.
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