Trump Cuts India Tariffs To 18% As Modi Agrees To Stop Buying Russian Oil

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Trump Cuts India Tariffs To 18% As Modi Agrees To Stop Buying Russian Oil

People sell warm clothes along a street in Srinagar, Jammu and Kashmir, on February 03, 2026. United States President Donald Trump agrees to reduce US tariffs on Indian goods to 18 percent from 50 percent in exchange for India lowering trade barriers, stopping its purchases of Russian oil, and buying oil instead from the US and potentially Venezuela. (Photo by Firdous Nazir/NurPhoto)


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