The President of United States, Donald Trump has been taking several radical decisions with regard to foreign trade policies. In this context, he has imposed an unprecedented 50% trade tariff on India which has severely affected the export sector.

However, the latest developments are suggesting that Trump has finally decided to go easy on the trade tariffs against India as he hinted about a possible deduction in tariff percentages.

In his trademark dismissive style, Trump stated “We’re making a deal with India, a much different deal than we had in the past. So right now, they don’t love me, but they’ll love us again. We’re getting a fair deal, just a fair trade deal. We had pretty unfair trade deals.”

Then came the crucial statement from Trump to stated that India has reduced oil purcha

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