India's push with Trump produced an announced US trade deal, details unconfirmed

President Trump announced a trade agreement with India that he said would lower tariffs and remove a 25% duty, but India's government has not confirmed the details and no formal documents have been published.

An announced trade agreement between India and the United States was publicized by former President Trump. He said the deal would lower U.S. tariffs on Indian goods to 18% and remove a 25% duty tied to oil purchases. The announcement also included claims that India would buy large amounts of U.S. goods and change oil sourcing. India's government has not confirmed the details and no formal documents have been published. Reported details: - President Trump announced a trade agreement that he said would lower U.S. tariffs on Indian goods to 18% and remove a previously imposed 25% duty. - Mr. Trump said India agreed to purchase $500 billion of U.S. goods, switch to buying Venezuelan oil, and reduce tariffs on U.S. imports to zero. - India's Ministry of External Affairs and the prime minister's office did not respond to requests for further information, according to the report. - Modi's government has not confirmed the details and neither side has published documentation to codify the agreement. - A U.S. State Department spokesperson said that, in keeping with standard diplomatic practice, it does not disclose the details of private discussions. Summary: The reported announcement, if confirmed, would alter tariff levels and could affect trade flows between the two countries. Undetermined at this time.