Trump announces tariff cut on India after Modi agrees to stop buying Russian oil

President Donald Trump said he will reduce US tariffs on India after a phone call with Prime Minister Narendra Modi, and said Modi agreed to stop buying Russian oil.

President Donald Trump announced a reduction in US tariffs on India after a phone call with Prime Minister Narendra Modi. Trump posted the announcement on Truth Social and said Modi agreed to stop buying Russian oil. He said the reciprocal tariff would be lowered from 25% to 18% and that Modi committed to buying more than $500 billion of US goods. The report notes India is the second-largest purchaser of Russian crude. Key facts: - Trump announced on Truth Social that tariffs on India would be reduced from 25% to 18% following a Monday call with Modi. - Trump said Modi agreed to stop buying Russian oil and to increase purchases of US energy, technology, and agricultural products totaling over $500 billion. - India is reported as the second-largest buyer of Russian crude, and those imports have been a noted point of tension. - The announcement did not include a timeline or administrative details for implementing the tariff change. Summary: The announcement, as reported, connects a tariff reduction to a diplomatic agreement about oil purchases and expanded US sales. Details on how or when any tariff change would be implemented were not provided. Undetermined at this time.