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Asia Group's Sanghera on "Unprecedented" US-India Deal
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Why This Matters
The US and India have reached an agreement, with the US offering to roll back tariffs on India in exchange for India stopping Russian oil purchases, a move that could positively impact US-India trade relations.
Market Impact
Market impact analysis based on bullish sentiment with 80% confidence.
Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
President Donald Trump has said he would roll back punitive tariffs on India in return for an agreement that Prime Minister Narendra Modi would stop buying Russian oil. Basant Sanghera of The Asia Group breaks down what we know about the agreement so far. (Source: Bloomberg)
Original article published by
Bloomberg
on February 3, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.