US EditionTrump plans to lower tariffs on Indian goods to 18% after India agreed to stop buying Russian oil
The US cut tariffs on Indian goods from 25% to 18% as India agreed to stop buying Russian oil and boost purchases of US energy and products, aiming to pressure Russia over Ukraine.
- On Monday, February 2, 2026, US President Donald Trump announced lowering tariffs on Indian goods from 25% to 18% after Indian Prime Minister Narendra Modi agreed to stop buying Russian oil.
- The dispute grew after India increased purchases of discounted Russian oil following the 2022 Russian invasion of Ukraine, leading Trump to impose reciprocal and Russia-linked duties that pushed tariffs as high as 50%.
- Trump and Indian officials said the deal includes purchase pledges, with Modi committing to buy over $500bn of U.S. goods and to reduce tariffs and non‑tariff barriers to zero.
- News reports described the agreement as deescalating bilateral tensions, while Indian exports to the US that had plunged after Trump's tariffs may now recover.
- Amid other trade deals, the announcement follows the European Union‑India free trade deal and precedes Abu Dhabi talks with Russian and Ukrainian officials later this week.
459 Articles
459 Articles
India's Modi praised for U.S. trade deal as opposition questions impact on agriculture
Indian lawmakers from the ruling coalition praised Prime Minister Narendra Modi for striking a deal with the U.S. to reduce tariffs on Indian goods. The opposition questions the impact on sensitive sectors like agriculture. President Donald Trump announced plans to…
HUGE: Trump, Modi Finalize Trade Deal Between U.S. and India, Modi Agrees to End Russian Oil Imports
More winning from our historic and magnificent POTUS! The ending of Russian oil imports would be particularly significant; yes, even huge. Trump on his phone meeting with India Prime Minister Modi: We spoke about many things, including Trade, and ending the War with Russia and Ukraine. He agreed to stop buying Russian Oil, and to buy much more from the United States and, potentially, Venezuela. This will help END THE WAR in Ukraine, which is tak…
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The Indian National Congress on Tuesday criticised the Narendra Modi-led BJP government for the trade deal struck with the United States on Monday, calling on the government to take the country into confidence about the deal’s details. United States President Donald Trump announced a “trade deal” with India on Monday after speaking to Prime Minister Narendra Modi, saying New Delhi agreed to stop buying Russian oil and may purchase it instead fro…
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