India, Feb. 7 -- The US and India have unveiled a new framework for an Interim Agreement, marking what both President Donald Trump and PM Modi described as a major step toward a comprehensive Bilateral Trade Agreement (BTA). This comes days after both leaders announced a trade deal, saying it 'unlocks immense opportunities for mutually beneficial cooperation'.

Trump said Monday that he plans to lower tariffs on goods from India to 18%, from 25%, after PM Modi agreed to stop buying Russian oil. "This will help END THE WAR in Ukraine, which is taking place right now, with thousands of people dying each and every week!" the president posted on Truth Social.

Modi, in turn, said he looks forward to working with the US and Trump.

"When two l...