Washington DC, Feb. 3 -- The US-India Strategic Partnership Forum (USISPF) has welcomed the announcement of an India-US trade deal, stating that the agreement between the two nations would deliver meaningful benefits for businesses, workers, and consumers in both countries.

In an official statement released on Tuesday, the USISPF said it enthusiastically welcomed President Donald J. Trump's announcement following his conversation with Prime Minister Narendra Modi, which reaffirmed their shared commitment to deepen the US-India economic partnership and advance a bilateral trade agreement.

It stated, "The reduction of India's reciprocal tariff from 25 per cent to 18 per cent marks an important and positive first step. While the agreement'...