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India Signals Shift in BRICS as It Finalizes Major US Trade Deal

India Signals Shift in BRICS as It Finalizes Major US Trade Deal

Author:

Global Cryptocurrency

Published:

2026-02-02 18:35:01

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BTCCSquare news:

India and the United States have reached a landmark trade agreement that reduces tariffs on Indian goods from 25% to 18%, marking a significant shift in economic relations. The deal, announced by US President Donald TRUMP and Indian Prime Minister Narendra Modi, includes commitments to boost American exports to India, particularly in energy, technology, and agriculture.

Modi confirmed the agreement on social media, emphasizing the benefits for Indian manufacturers and expressing gratitude for the tariff reduction. The MOVE signals India's strategic pivot toward stronger ties with the US, potentially impacting its role within the BRICS bloc.

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