Prime Minister Narendra Modi has announced that Made in India products will now have a reduced US tariff of 18%. He made the announcement in a social media post after talking to US President Donald Trump. The Prime Minister stated that it was wonderful to speak with his dear friend, President Trump, adding that when two large economies and the world’s largest democracies work together, it benefits people and unlocks immense opportunities for mutually beneficial cooperation.

US President Donald Trump has said that the United States’ amazing relationship with India will be even stronger going forward. In a social media post, the US President said that both countries agreed to a Trade Deal, where the US will charge a reduced Reciprocal Tariff, lowering it from 25 per cent to 18 per cent. Mr Trump said, Prime Minister Narendra Modi is one of his greatest friends and a powerful and respected leader of India. Mr Trump further said that he and Prime Minister Modi are two people who get things done, something that cannot be said for most.