President Trump Says He Plans To Lower Tariffs On India To 18% After India Agreed To Stop Buying Russian Oil
Feb 02, 2026
President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House on April 2, 2025, in Washington. (AP Photo/Mark Schiefelbein, File)WASHINGTON (AP) — President Donald Trump said Monday that he plans to lower tariffs on goods from India to 18%, from 25%, a
fter Indian Prime Minister Narendra Modi agreed to stop buying Russian oil.
The move comes after months after Trump pressing India to cut its reliance on cheap Russian crude.
India has taken advantage of slacked Russian oil prices as much of the world has sought to isolate Moscow for its February 2022 invasion of Ukraine. ...read more read less