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Politics · 3 February 2026

Trump slashes India tariffs to 18 percent as Modi halts Russian oil

Trump slashes India tariffs to 18 percent as Modi halts Russian oil

(Official White House Photo by Shealah Craighead) via Wikimedia Commons (CC BY-SA 4.0)

President Donald Trump announced a massive tariff reduction on Indian goods, slashing rates from 50 percent to 18 percent following a strategic call with Prime Minister Narendra Modi. In exchange, India agreed to immediately halt purchases of 1.5 million barrels of Russian oil daily and committed to buying over $500 billion in American products. Trump claimed this move helps end the Ukraine war, while Modi celebrated the deal to eliminate trade barriers and boost energy cooperation.

Reported by BBC · How we write briefs

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