Trump Reduces Tariffs on Indian Products to 18%, PM Modi Says It Will Boost Trade

KEY TAKEAWAYS:

Trump reduces tariffs on Indian products to 18%, easing market access for Made in India goods.
PM Modi welcomed the move, calling it a step that will strengthen India-US economic ties.
Both leaders discussed global peace, trade expansion and strategic partnership cooperation.

New Delhi: Prime Minister Narendra Modi spoke with U.S. President Donald Trump on Sunday and expressed gratitude after Trump reduces tariffs on Indian products to 18%, describing the decision as a major boost for bilateral trade relations.

Modi said the tariff reduction will enhance economic engagement and create expanded opportunities for Indian exports in the United States.

Modi Thanks Trump for Tariff Reduction on Indian Goods

During the phone call, the two leaders held discussions on strengthening trade relations and deepening cooperation across key sectors.

PM Modi noted that the lower tariff rate will help Made in India products gain better access to American markets and support stronger commercial ties between the two nations.

He called the move a positive development that will expand trade, investment and technology collaboration.

Leaders Emphasise Cooperation Between World’s Largest Democracies

Both Modi and Trump underlined that closer collaboration between the world’s two largest democracies can unlock immense opportunities for mutual benefit.

They stressed that stronger ties will directly help citizens through increased economic growth, innovation and investment flows.

PM Modi’s Message on X Highlights “Wonderful Announcement”

Sharing details on social media platform X, PM Modi wrote it was “wonderful to speak with my dear friend President Trump.”

He expressed happiness that Indian products will now face only an 18% tariff, extending “big thanks” on behalf of India’s 1.4 billion people.

Modi added that when two major economies work together, it creates immense potential for cooperation and prosperity.

Global Peace and Stability Also Discussed

Apart from trade, the leaders exchanged views on major global developments.

PM Modi reiterated India’s support for peace-focused international efforts and said President Trump’s leadership is important for global stability and prosperity.

He affirmed that India supports constructive engagement that strengthens worldwide peace.

India-US Strategic Partnership Continues to Grow

India and the United States are steadily expanding cooperation across:

Trade and investment
Defence and security
Technology and innovation
Clean energy and sustainability

Both leaders reaffirmed their commitment to advancing a comprehensive global strategic partnership.

Concluding his remarks, PM Modi said he looks forward to working closely with President Trump to take India-US ties to unprecedented levels.

The tariff reduction is being seen as a significant step toward deeper economic cooperation and stronger diplomatic relations between the two nations.