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PM Modi's First Remarks After Trump Announces India-US Trade Deal, Cuts Reciprocal Tariffs - ‘Big Thanks to Trump'

Summary by Live Mint
PM Modi said it was ‘wonderful’ to speak with his dear friend President Trump and he was ‘delighted that Made in India products will now have a reduced tariff of 18%’

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Prime Minister Narendra Modi has expressed his satisfaction with the United States' decision to reduce tariffs on India. Following talks with Donald Trump, the two countries announced a significant trade agreement, reducing the US tariff on goods imported from India from 25% to 18%.

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Live Mint broke the news in New Delhi, India on Monday, February 2, 2026.
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