"Stay tuned": Donald Trump tells ambassador Sergio Gor after speaking with Prime Minister Modi

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NEW DELHI: US Ambassador to India Sergio Gor reported Monday that US President Donald Trump had a conversation with Prime Minister Narendra Modi. According to Trump, the two leaders completed the eagerly anticipated trade agreement between the US and India with "immediate" effect.Trump wrote on Truth Social, "Talking with Indian Prime Minister Modi this morning was an honor. He is a powerful and well-respected leader of his nation and one of my closest friends. Among the numerous topics we discussed were trade and putting a stop to the conflict between Russia and Ukraine. He consented to stop purchasing Russian oil and to increase his purchases from the US and possibly Venezuela.This will aid in putting an end to the ongoing conflict in Ukraine, where thousands of people are losing their lives every week.



"Out of friendship and respect for Prime Minister Modi and, as per his request, effective immediately, we agreed to a Trade Deal between the United States and India, whereby the United States will charge a reduced Reciprocal Tariff, lowering it from 25% to 18%. They will likewise move forward to reduce their Tariffs and Non Tariff Barriers against the United States, to ZERO. 
The Prime Minister also committed to “BUY AMERICAN,” at a much higher level, in addition to over $500 BILLION DOLLARS of U.S. Energy, Technology, Agricultural, Coal, and many other products. Our amazing relationship with India will be even stronger going forward. Prime Minister Modi and I are two people that GET THINGS DONE, something that cannot be said for most. 
Thank you for your attention to this matter!" he added. This comes amid delays in India-US trade deal after Trump imposed 50% tariffs on India for its continued purchase of Russian crude. Moreover, Trump on Sunday claimed that multiple countries, including India, were expected to start importing oil from Venezuela, which holds the world’s largest crude reserves. 
He said that the move followed legal reforms in Venezuela that have opened the oil sector to private investment after the US capture of President Nicolas Maduro on January 3. India and the United States have been holding trade talks since March 2025. Since August last year, the US has imposed a steep 50% tariff on Indian exports—among the highest applied to any country—comprising 25% in reciprocal duties and an additional 25% levy.

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