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US-India Trade Deal Reached After Modi Call, Trump Says
Tariffs on Indian goods are cut from 50% to 18% immediately, with India agreeing to buy $500 billion of US products and halt Russian oil imports, Trump said.
- On Monday, February 2, President Trump announced a US-India trade deal via Truth Social, without revealing full terms.
- After a year of fruitless talks, threats and sanctions, the United States targeted India's protectionist policies and oil purchases in 2025 before the trade deal.
- Trump said New Delhi committed to `reduce their tariffs and non-tariff barriers against the United States to zero` and to buy $500 billion in energy, agricultural and coal products, with tariffs on Indian products dropping from 50% to 18% immediately.
- Posting on X, Modi said he thanked Trump and praised the `amazing relationship with India` for the trade deal.
- With terms unpublished, Trump did not publish full terms, leaving specifics unverified, and Modi's silence creates uncertainty over barrier cuts and $500 billion purchases affecting energy markets.
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15 Articles
15 Articles
US-India Trade Deal Reached After Modi Call, Trump Says
So, just like that — a phone call, a post on Truth Social, and boom. A new US-India trade deal.US President Donald Trump says he’s struck an agreement with India’s Prime Minister Narendra Modi. It will slash US tariffs on Indian goods from a punishing 50% down to 18%.In return? India, Trump claims, will drop its trade barriers to zero and stop buying Russian oil altogether.Modi sounded upbeat, calling the deal “wonderful.” He said cooperation be…
What we know about the agreement between Washington and Delhi
·Bratislava, Slovakia
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Congress jabs PM Modi over India-US trade deal announcement, says country learning of govt actions from Washington
Trump had first announced the agreement on Truth Social, stating that it followed discussions with the Indian prime minister and would come into force immediately.
·India
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Coverage Details
Total News Sources15
Leaning Left3Leaning Right2Center1Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 17%
R 33%
Factuality
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