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The U.S. and India have finalized a trade deal on Monday after months of negotiations, steadying a relationship that had plummeted to its lowest point in decades.

President Donald Trump says he plans to lower tariffs on goods from India to 18%, from 25%, after Indian Prime Minister Narendra Modi agreed to stop buying Russian oil

The prime ministers of Malaysia and India deny having links with disgraced financier Jeffrey Epstein after their names appeared in a tranche of files released by the US Department of Justice.

A familiar pattern is emerging in US President Donald Trump's claims on social media after calls with leaders. Trump posted preemptively on his talks with Chinese President Xi Jinping like he did after a call with Indian PM Narendra Modi.

Donald Trump said he would slash India tariffs from 50 per cent to 18 per cent after he claimed Prime Minister Narendra Modi had agreed to stop buying Russian oil — and start buying more than $500bn in American goods.

Prime Minister Narendra Modi will address the Lok Sabha at 5 pm, as a standoff continues between the Treasury and Opposition benches.

India has successfully concluded a tariff agreement with the United States following a conversation between Prime Minister Narendra Modi and US President Donald Trump on Monday evening. This new arrangement grants India a tariff rate that is more favorable than that of many other nations.