The United States and India on Monday finalized a trade deal that will simultaneously reduce the amount of oil the Asian nation buys from Russia and increase what it buys from the United States.

The Trump administration is working to put the details of its trade deal with India announced on Monday on paper, but it will reduce India's tariffs on American industrial goods to zero from 13.5% an...

Trump said the deal involved higher Indian purchases of U.S. energy, coal, technology and farm products, and is the first phase of a broader pact to be negotiated later.