In a huge Monday development, President Trump has announced the US will trim its punitive 25% tariff on Indian imports to 18% after striking what he hailed as a new "trade deal” with Indian Prime Minister Narendra Modi. Crucially it hinges on New Delhi having reportedly ended its purchases of Russian crude and swapping them for massive US energy and goods buys.In a Truth Social post, Trump portrayed the agreement as a major geopolitical win, saying that India "agreed to stop buying Russian oil, and to buy m ...