Trump cuts India tariffs after Modi agrees to stop Russia oil purchases:
US President Donald Trump said on Monday he had struck a trade deal with India to cut ...
france24.com/en/economy/20260202-trump-cuts-india-tariffs-after-modi-agrees-to-stop-russia-oil-purchases
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Trade Deal Lowers Tariffs, Eases US-India TensionsUS tariffs on Indian goods drop to 18% after Modi agrees to halt Russian oil imports and boost US product purchases.
Key Facts5 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: france24.com
Summary created with AI assistance · Source: france24.com
- President Trump announced a tariff reduction on Indian products from 25% to 18%.
- The deal is linked to Modi's commitment to stop buying oil from Russia amid the Ukraine conflict.
- India plans to purchase over $500 billion in US energy, technology, and agricultural goods.
- Modi’s response praised tariff cuts but did not address the halt of Russian oil imports.
President Trump's leadership is vital for global peace, stability, and prosperity.— Modi expressed this in a post on X to acknowledge Trump's role in international politics.
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