US agrees to drop tariffs after India stops Russian oil purchases

BBC·Feb 2

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

The US has agreed to drop tariffs on India in a trade deal. India has reportedly stopped purchasing Russian oil as part of this agreement. The specifics of the deal, including the exact tariff rate, are not universally agreed upon, but it is reported that the US will lower its tariffs on India.

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What to know about the US-India trade deal

Atlantic Council·Feb 2

Trump says he will cut tariffs on India after it agreed to stop buying Russian oil

NBC News·Feb 2

US to cut tariffs on India to 18%, India agrees to end Russian oil purchases

Reuters·Feb 2

Trump strikes deal to lower tariffs on India, saying Modi agreed to stop buying Russian oil

CBS News·Feb 2

Trump moves to cut tariffs on India over Russian oil purchases following preliminary deal

Politico·Feb 6

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