India-US trade deal announced: US to cut tariffs on Indian goods from 25% to 18%, claims India will stop buying Russian oil

India also agreed to stop buying Russian oil. It will increase purchases from the United States and potentially Venezuela. This agreement aims to foster better trade relations between the two nations.

Feb 3, 2026 - 03:30
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India-US trade deal announced: US to cut tariffs on Indian goods from 25% to 18%, claims India will stop buying Russian oil
India also agreed to stop buying Russian oil. It will increase purchases from the United States and potentially Venezuela. This agreement aims to foster better trade relations between the two nations.

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