Trump says US and India agree to trade deal to lower tariffs

President Donald Trump said Monday that the United States and India have agreed to a trade deal that would lower tariffs, following a phone call with Indian Prime Minister Narendra Modi.

In a post on his Truth Social platform, Trump said the agreement would reduce U.S. tariffs on Indian goods from 25% to 18% and that India would move to eliminate its tariffs and non-tariff barriers on American products.

"The Prime Minister also committed to 'BUY AMERICAN,' at a much higher level, in addition to over $500 BILLION DOLLARS of U.S. Energy, Technology, Agricultural, Coal, and many other products. Our amazing relationship with India will be even stronger going forward," the president wrote. "Prime Minister Modi and I are two people that GET THINGS DONE, something that cannot be said for most."

Trump said the two leaders also discussed broader geopolitical issues, including the war between Russia and Ukraine.