Trump says he plans to lower tariffs on India to 18% after India agreed to stop buying Russian oil

Associated Press (AP)CenterEN 5 min read 100% complete by By  JOSH BOAK, AAMER MADHANI and RAJESH ROYFebruary 2, 2026 at 06:53 PM
Trump says he plans to lower tariffs on India to 18% after India agreed to stop buying Russian oil

AI Summary

long article 5 min

President Donald Trump announced plans to reduce tariffs on Indian goods to 18%, down from 25%, following an agreement with Indian Prime Minister Narendra Modi for India to cease purchasing Russian oil. This decision follows months of pressure from Trump for India to decrease its dependence on discounted Russian crude oil, which it had been acquiring since Russia's invasion of Ukraine in February 2022. Trump stated that India would also reduce import taxes on U.S. goods to zero and purchase $500 billion worth of American products. Trump believes this agreement will help end the war in Ukraine, while Modi expressed delight and emphasized Trump's leadership for global peace and stability.

Keywords

ukraine 80% tariffs 80% tariff reduction 80% india 70% trade 70% russia 60% donald trump 60% global politics 50% economic diplomacy 40%

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Associated Press (AP)
Political Lean
Center (0.00)
Far LeftCenterFar Right
Classification Confidence
90%

This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).

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