The United States and India have unveiled an interim trade framework aimed at reducing tariffs on both sides and paving the way for a broader agreement. In a significant move, President Trump announced cuts to tariffs on Indian goods to 18% after Indian Prime Minister Modi pledged to halt purchases of Russian oil. This trade deal, which includes commitments from India to lower duties on U.S. industrial goods and agricultural products, is anticipated to boost American exports significantly as both nations strive for a trade target of $500 billion over five years. While this deal marks a truce in trade tensions, experts warn of ongoing challenges and a trust deficit that may complicate future negotiations.