Truth Behind Modi and Trump Deal on February 2, 2026 US President Donald Trump announced a trade deal with India on February 2, 2026, via a post on Truth Social, following a phone call with Prime Minister Narendra Modi. In the announcement, Trump stated that, out of "friendship and respect" for Modi and at his request, the US would immediately reduce its reciprocal tariffs on Indian goods from 25% to 18%. He further claimed that India had agreed to several major concessions in return: reducing its tariffs and non-tariff barriers on US goods to zero, stopping purchases of Russian oil, increasing buys of US energy, technology, agricultural products, coal, and other items to a "much higher level," and committing to over $500 billion in US products overall. This came after a period of tension in US-India trade relations. In mid-2025, Trump had imposed 25% tariffs on India, later doubling them to 50% in August, citing India's continued purchases of discounted R...
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