12-February-2026
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Economy News
 
Trump calls India-US trade deal ‘historic’ as tariff cuts and coal exports take centre stage
12-Feb-2026

US President Donald Trump on Wednesday described the newly concluded India–United States agreement as a “historic trade deal”, saying it would sharply expand American energy exports, particularly coal, while deepening bilateral economic ties. “America is now the number one energy producer in the world... We're becoming a massive energy exporter. In just the past few months, we've made historic trade deals with Japan, Korea, India, and others to increase our coal exports dramatically... The quality of our coal is supposed to be the finest anywhere in the world," Trump said at a press briefing.

News Source:- https://economictimes.indiatimes.com/news/economy/foreign-trade/trump-calls-india-us-trade-deal-historic-as-tariff-cuts-and-coal-exports-take-centre-stage/articleshow/128231856.cms