U.S. President Donald Trump on Monday said he had agreed on a trade deal ​with India that slashes U.S. tariffs on Indian goods to 18 per cent from 50 per cent in exchange for India lowering trade barriers and stopping its purchases of Russian oil.

Prime Minister Narendra Modi and US President Donald Trump spoke for the first time this year, US envoy Sergio Gor confirmed.

Prime Minister Narendra Modi’s plan to protect India’s economy from Donald Trump’s tariffs is coming into sharper focus.

US President Donald Trump spoke to Prime Minister Narendra Modi on Monday, US Ambassador Sergio Gor said, as EAM Jaishankar began his Washington visit.