Trump removes India's 25% Russia-related tariff after trade deal

The article reports that President Trump removed India's 25% Russia-related tariff after a deal in which India agreed to buy $500 billion of U.S. goods and to reduce trade barriers on agricultural, manufactured, chemical and medical-device products.

President Trump announced the removal of India's 25% tariff tied to Russia following a bilateral trade agreement. The article reports that India agreed to purchase $500 billion of American products and to eliminate trade barriers on several categories of U.S. goods, including agriculture, manufactured items, chemicals and medical devices. U.S. Trade Representative Jamieson Greer told CNBC that implementing the changes will require additional work from New Delhi. Greer also said the announcement reflects deeper ties and will lower tariffs on a range of U.S. industrial and agricultural products. Reported details: - The article reports the removal of India's 25% Russia-related tariff was announced after a trade deal. - India reportedly agreed to buy $500 billion of U.S. products as part of the agreement. - The deal includes commitments to remove trade barriers on U.S. agricultural goods, manufactured items, chemicals and medical devices. - U.S. Trade Representative Jamieson Greer said the measures will require more work from New Delhi and described the move as deepening ties. Summary: The article frames the change as an effort to lower tariffs and open Indian markets to U.S. producers. Undetermined at this time.