Trump, Modi Announce Tariff Cut and Claimed End to Indian Russian‑Oil Purchases
President Trump announced a cut in tariffs on imports from India, saying Prime Minister Narendra Modi had agreed to stop buying Russian oil. Separately, Trump's special envoy Witkoff and Jared Kushner visited a U.S. aircraft carrier amid heightened tensions with Iran as part of ongoing diplomatic talks.
📌 Key Facts
- Trump says the U.S. will lower its tariff on Indian products from 25% to 18% 'effective immediately' under a new trade deal
- He claims Modi agreed that India will stop buying Russian oil and instead buy 'much more' from the U.S. and 'potentially' Venezuela
- Trump asserts India will purchase more than $500 billion in U.S. energy, technology, agriculture, coal and other goods and cut its tariffs and non‑tariff barriers on U.S. products to zero
- Modi confirmed the 18% U.S. tariff on 'Made in India' products and publicly thanked Trump, but India’s exact commitments on Russian oil are stated only in Trump’s account
📰 Source Timeline (2)
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February 07, 2026
February 02, 2026