US President Donald Trump has announced a trade agreement with Indian Prime Minister Narendra Modi to reduce the 25% tariff imposed by the US on goods imported from India to 18%.

Foreign media reported that the US President made the announcement on his social media account after a telephone conversation with Indian Prime Minister Narendra Modi.

It is reported that the US gove ment has expressed its willingness to reduce the tariffs in this way after India stopped buying Russian oil.

Meanwhile, Indian Prime Minister Narendra Modi has stated in a post on his social media that he is happy to have reached an agreement with the US.India.
(colombotimes.lk)