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BREAKING NEWS: Trump Lowers India Tariffs As Modi Stops Buying Russian Oil

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February 2, 2026

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President Donald Trump on Monday announced the U.S. would lower its 25% tariff on Indian goods after reaching a trade deal with Prime Minister Narendra Modi, who Trump said pledged to stop buying Russian oil and purchase U.S. goods worth hundreds of billions of dollars.

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BREAKING NEWS: Trump Lowers India Tariffs As Modi Stops Buying Russian Oil · Forbes Breaking News · Sentinel