US President Donald Trump has announced the US-India trade deal, pledging to slash tariffs on Indian goods to 18 per cent from 25 per cent, bringing an end to months of uncertainty.

The Trump administration is working to put the details of its trade deal with India announced on Monday on paper, but it will reduce India's tariffs on American industrial goods to zero from 13.5% an...

The report also said Washington asked India to cut high tariffs in sectors such as automobiles.