Trump lowers tariffs on India, saying Modi agreed to stop buying Russian oil
President Trump announced that he and Indian Prime Minister Narendra Modi have agreed to a trade deal that will lower tariffs and halt India's purchas...
Last updated: 2026-02-02 21:19:10 ET
President Trump announced that he and Indian Prime Minister Narendra Modi have agreed to a trade deal that will lower tariffs and halt India's purchas...
The agreement was short on details, but President Trump said India had promised to stop buying Russian oil and would buy more U.S. products for a redu...
Tariffs will drop from 50% to 18% on Indian goods, while India has agreed to stop buying Russian oil.
“He agreed to stop buying Russian Oil, and to buy much more from the United States and, potentially, Venezuela,” Trump said on Truth Social.
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