The move comes after months of President Donald Trump's pressing India to cut its reliance on cheap Russian crude.

Donald Trump said he was lowering the tariff on India as part of a deal for the country to stop buying Russian oil and increase purchases from the United States.

U.S. President Donald Trump on Monday stateside said that U.S. will cut reciprocal tariff on India to 18% from 25%.

The United States and India finalized a trade agreement Monday, helping stabilize a relationship that had been in decline during Trump’s second term.

By Aftab Ahmed and Shivangi Acharya Feb 2 (Reuters) - U.S. President Donald Trump said on Monday he had agreed on a trade deal with India, and that New Delhi also agreed to stop buying Russian oil and buy more from the U.

US Tariffs on India Live News Updates: India and the United States have agreed to a trade deal cutting US tariffs on Indian goods to 18% from 50% after US President Donald Trump spoke with Prime Minister Narendra Modi,

The relationship between India and Canada has been visibly on the mend since Mr. Modi attended the Group of 7 summit in Alberta at Mr. Carney’s invitation in June 2025, shortly before the shock of the American tariffs.

There could be a renewed push to conclude a U.S.-India trade deal, analysts say, as the White House sees other countries signing trade deals.

India and the US sealed a major trade pact with Washington cutting tariffs on Indian goods to 18%, giving New Delhi a clear edge over China and key Asian export rivals. The deal marks a thaw in ties and is expected to boost Indian exports,