ReferIndia News US-India Trade Deal: A New Economic Chapter

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US-India Trade Deal: A New Economic Chapter

Published on: Feb. 2, 2026, 10:45 p.m. | Source: Devdiscourse

President Donald Trump announced a new trade deal with India, highlighting reduced tariffs and India's commitment to increase purchases of U.S. energy, technology, and agricultural products. India agreed to cease buying Russian oil, opting instead for imports from the U.S. and potentially Venezuela.

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