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Trump says he will cut tariffs on India after Modi agrees to stop buying Russian oil

The Guardian - World NewsCenter-LeftEN 2 min read 100% complete by Callum Jones in New YorkFebruary 2, 2026 at 06:51 PM
Trump says he will cut tariffs on India after Modi agrees to stop buying Russian oil
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AI Summary

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Donald Trump announced plans to reduce US tariffs on Indian exports, claiming India agreed to cease purchasing Russian oil after US pressure. Trump stated this agreement, allegedly reached during a call with Prime Minister Narendra Modi, would help end the war in Ukraine. While Modi acknowledged the tariff news, he did not explicitly confirm the oil agreement. Trump said India would increase oil purchases from the US and potentially Venezuela. US tariffs on Indian exports are expected to decrease from 25% to 18%, with India potentially reducing its own tariffs on US goods to zero. Despite Putin's December visit to India reaffirming uninterrupted oil shipments, reports indicate India has already begun reducing its Russian oil imports.

Key Entities & Roles

Key Player Opposition Context
Ukraine ×260% Vladimir Putin ×280% Russia ×380% India ×6100% United States ×3100% Narendra Modi ×3100% Donald Trump ×5100%

Keywords

russian oil 90% us tariffs 80% india 70% ukraine war 60% trade deal 60% oil imports 50% economic ties 40% energy 40%

Sentiment Analysis

Positive
Score: 0.20

Source Transparency

Source
The Guardian - World News
Political Lean
Center-Left (-0.40)
Far LeftCenterFar Right
Classification Confidence
90%
Geographic Perspective
United States

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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russian oilus tariffsindiaukraine wartrade dealoil importseconomic tiesenergy
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