President Donald Trump and Indian Prime Minister Narendra Modi held a joint news conference as the two leaders work toward a trade deal and try to reinforce a relationship. Earlie

Experts suggest that if India negotiates a tariff reduction agreement, it could benefit from lower U.S. tariffs on these products, making Indian exports more competitive.

Trump spoke to reporters from the Oval Office about his decision, saying it was an “amazing day.” When asked if prices would rise as a result of the tariffs, he said that they “could go up somewhat” at first, but then “prices will also go down.”