New Delhi, Feb 2 (.) Prime Minister Narendra Modi on Monday announced that the United States will reduce tariffs on Made-in-India products to 18 per cent, calling it a major boost for bilateral trade, following a conversation with US President Donald Trump.
In a post on X, the Prime Minister said he had a “wonderful” conversation with President Trump and thanked him for what he described as a significant step benefiting Indian exporters and consumers.
“Delighted that Made in India products will now have a reduced tariff of 18%. Big thanks to President Trump on behalf of the 1.4 billion people of India for this wonderful announcement,” PM Modi said.
PM Modi said closer cooperation between India and the United States — the world’s two largest democracies and major global economies — would unlock new opportunities for trade, investment and innovation.
“When two large economies and the world’s largest democracies work together, it benefits our people and unlocks immense opportunities for mutually beneficial cooperation,” he said.
While detailed sector-wise implications of the tariff reduction were not immediately available, the announcement is expected to provide relief to Indian manufacturers and exporters, particularly in sectors that have faced higher duties in the US market in recent years.
The Prime Minister also praised President Trump’s leadership on global issues, underscoring India’s support for US-led peace efforts.
“President Trump’s leadership is vital for global peace, stability, and prosperity. India fully supports his efforts for peace,” PM Modi said.
He added that he looked forward to deepening strategic cooperation with Washington.
“I look forward to working closely with him to take our partnership to unprecedented heights,” the Prime Minister said, tagging the US President in his post.
The latest announcement comes amid efforts by both sides to strengthen economic engagement and re-energise the strategic partnership, as global supply chains realign and geopolitical uncertainties persist.
. SKA .
