Indian Ambassador to the US, Vinay Mohan Kwatra, on Tuesday hailed the trade deal between the two nations and said that the new announcements “herald an exciting new phase in our partnership”.
This came as India and the US reached a trade deal on Monday.
Taking to X, the Indian Ambassador said, “A big WIN for a consequential partnership under the leadership of Prime Minister Narendra Modi and President Donald Trump. India and USA announce a trade deal creating vast new opportunities for the two economies and the people of our two great nations. Today’s announcements herald an exciting new phase in our partnership.”
Earlier on Monday, the US President said that India and the United States had reached a trade deal, outlining key elements after a phone conversation with PM Modi, whom he described as “one of my greatest friends.”
In a detailed post on Truth Social, Trump said the agreement would immediately reduce the US reciprocal tariff on Indian goods from 25 per cent to 18 per cent, calling it a major shift in bilateral trade ties linked to energy cooperation and broader geopolitical goals.
Trump said the two leaders discussed “many things, including Trade, and ending the War with Russia and Ukraine.” He claimed that PM Modi agreed to stop buying Russian oil and to increase purchases from the United States and, potentially, from Venezuela.
“This will help END THE WAR in Ukraine, which is taking place right now, with thousands of people dying each and every week!” Trump wrote.
