US EditionTrump plans to lower tariffs on Indian goods to 18% after India agreed to stop buying Russian oil
U.S. tariffs on Indian goods cut from 25% to 18% after Modi agrees to halt Russian oil imports and increase $500 billion in U.S. purchases, easing trade tensions.
- 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.
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Trump plans to lower tariffs on Indian goods to 18% after India agreed to stop buying Russian oil | Chattanooga Times Free Press
President Donald Trump said Monday that he plans to lower tariffs on goods from India to 18%, from 25%, after Indian Prime Minister Narendra Modi agreed to stop buying Russian oil.
According to US President Donald Trump, in the course of the settled trade dispute with India, India has also achieved, according to its own words, that it would renounce Russian oil. But can India even get along without its major supplier? And would that even want Delhi?
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