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Marco Rubio, United States Secretary of State, is in India during May 23 to 26, 2026. On Sunday he posted on X about India’s commitment of purchasing $500 billion worth of American goods over the next five years.

He wrote, “Huge thanks to @USAmbIndia Sergio Gor and our American diplomats for their efforts. Because of their great work, India has committed to purchasing $500 billion in U.S. goods over the next five years focusing on energy, technology, and agriculture.”

India’s intention to purchase $500 billion worth of American goods was part of the India-US Joint Statement issued on February 6, 2026 as part of the ongoing bilateral trade agreement (BTA) negotiations.

In return of many concessions by India, Washington had agreed to lower its proposed “reciprocal tariff” on Indian exports from 25% to around 18%.

But the entire foundation of that bargain........

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