Trump Announces New Trade Deal With India to Cut Tariffs and Shift Energy Purchases

President Donald Trump announced a trade deal with India to lower U.S. tariffs to 18 percent. India agreed to buy more U.S. energy and reduce Russian oil.

洞察:
President donald trump announced on Feb. 2, 2026, that the USUS has reached a bilateral trade agreement with ININ that significantly alters tariff structures and energy procurement. According to a social media post from donald trump and statements from a White House official, the USUS will reduce its reciprocal tariff on Indian goods to 18 percent while rescinding a punitive 25 percent duty. This move effectively slashes the total duty from the 50 percent level imposed last August to the new 18 percent rate. donald trump specifically noted that the USUS will charge a reduced Reciprocal Tariff, lowering it from 25 percent to 18 percent.
U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands during a joint press conference at the White House in Washington, D.C., U.S., on February 13, 2025. REUTERS/Kevin Lamarque/File Photo
U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands during a joint press conference at the White House in Washington, D.C., U.S., on February 13, 2025. REUTERS/Kevin Lamarque/File Photo
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