Trump says the U.S. reached a new trade deal with India that lowers tariffs and shifts Indian oil purchases away from Russia.

Prime Minister Narendra Modi and President Donald Trump discussed a trade deal between India and the US. The deal will reduce US tariffs on Made in India products to 18%, and India will lower tariffs and non-tariff barriers on US goods.

Critics warn his posture could embolden China to expand ties to Latin American countries, and Russia to continue advances in Ukraine.

Trump's tariffs are hurting American consumers more than exporters— here's how much they're paying Trump tones down tariff threat as volatility on Wall Street brings political stability Europe doesn't hold back on Trump's tariff threat — and his next move was totally unexpected President Donald Trump's sweeping reciprocal tariffs may have slowed job growth in the U.