🤝 The USA and India have signed a large-scale trade agreement

India has agreed to eliminate tariffs on American goods and announced the cessation of purchases of Russian oil. In response, the USA is reducing tariffs from 25% to 18%.

A key element is India's commitment to purchase American energy resources, technologies, agricultural products, coal, and other goods worth up to $500 billion.

If the agreements are fully implemented, it would mean a serious geo-economic shift: strengthening the USA's position in Asia, reformulating energy flows, and additional pressure on raw material markets. The only question is how much of this will remain on paper.

#MoonManMacro