India, Feb. 3 -- Prime Minister Narendra Modi on Monday took to X and confirmed India's trade deal with the United States, expressing a "big thanks" to President Donald Trump.

President Trump earlier announced a trade deal after a phone call with PM Modi. Under the agreement, the US will lower tariffs on India from 25 per cent to 18 per cent.

India, in return, has agreed to stop buying Russian oil and will purchase $500 billion worth of US energy and tech, Trump said in a Truth Social Post.

Trump, in the post, said that India had "agreed to stop buying Russian Oil, and to buy much more from the United States and, potentially, Venezuela", adding that these efforts will help in endig war in Ukraine.

Talking about his conversation with P...