India-US Trade Deal: From Tariff Cut to 18% To $500Bn US Goods Push To Russian Oil Claims Explained

0 February 3, 2026 15:15

India and the United States have announced a long-awaited trade agreement that includes tariff cuts, purchase commitments and key strategic conditions. Donald Trump and Narendra Modi publicly welcomed the deal, even as several details remain under negotiation. Reports from Reuters outline expected changes across energy, defence, agriculture and manufacturing, alongside questions over tariffs, Russian oil purchases and sector exclusions. Watch this explainer.

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