Trump Announces U.S. Will Cut Tariffs on Indian Exports to 18% in Trade Deal

Trump Announces U.S. Will Cut Tariffs on Indian Exports to 18% in Trade Deal

03 February, 202611 sources compared
India

Key Points from 11 News Sources

  1. 1

    U.S. will cut tariffs on Indian goods to 18%.

  2. 2

    India will stop importing Russian oil, buying U.S. and Venezuelan crude instead.

  3. 3

    Trump announced the deal on Truth Social after a phone call with Prime Minister Modi.

Full Analysis Summary

U.S.-India trade deal

President Donald Trump announced after a call with Prime Minister Narendra Modi that the United States and India had reached a bilateral trade understanding.

He said the deal would sharply lower U.S. tariffs on Indian goods to 18%.

The package would also include large Indian purchases of U.S. goods.

Reports said it would include commitments by India to stop buying Russian oil and to buy more U.S. oil, and potentially Venezuelan oil.

They also said India would increase purchases of U.S. energy, technology, agriculture and other goods, with figures Trump cited at roughly $500 billion in additional purchases.

Different outlets reported slightly different starting points for the tariff cuts and some phrasing varied.

Multiple sources agreed on three core elements: tariff reductions, suspension of a punitive 25% tariff tied to Russian oil purchases, and large Indian purchases of U.S. goods.

Coverage Differences

Narrative / numeric differences

Sources vary on the prior level of U.S. tariffs and on whether trade barriers are being fully eliminated or simply reduced. Benzinga reports Trump said India would “reduce trade barriers to zero” while the U.S. would cut tariffs to 18%, Hindustan Times and Dainik Jagran report reciprocal tariffs cut from 25% to 18% and a White House official mentions the 25% penalty being dropped, and The Indian Express reports a more dramatic phrasing that tariffs were cut “effective immediately” to 18% from 50%. These are reporting differences, not direct contradictions about the existence of a deal, but they create different impressions of the scale of concessions.

Indian reactions to trade deal

Indian reactions and official confirmation are mixed in the reporting.

Prime Minister Modi posted on X that he was 'delighted' by the tariff reduction, and Indian ministers were reported to have confirmed a trade deal.

However, several sources note that India has not formally or fully confirmed all of the specific claims made by President Trump.

Mint explicitly states that India has not confirmed Trump's statements, while Hindustan Times and Dainik Jagran report Modi’s social posts and ministerial confirmations.

Moneycontrol and other outlets record domestic criticism; for example, Congress MP Manish Tewari warned that publicly outlining deal elements 'transgresses' India’s strategic autonomy.

Coverage Differences

Confirmation vs. ambiguity

Hindustan Times and Dainik Jagran present Modi’s post and ministerial confirmations as affirming the deal, while Mint and Moneycontrol emphasize that India has not provided full official confirmation of all of Trump’s claims and note domestic criticism. The difference is between reporting leaders’ public statements and noting the absence of a detailed Indian government release; Mint and Moneycontrol stress that not all details are confirmed by India.

Tariffs and oil deal context

Reporting emphasizes the broader context of high tariffs and trade friction.

Several sources note prior high tariffs, with Benzinga and The Indian Express referencing tariffs up to 50% in past measures and reporting that a 25% punitive tariff tied to Russian oil would be rolled back.

Mint and other outlets provide data showing India’s seaborne Russian oil purchases have fallen from earlier peaks.

The Indian Express adds that India has already reduced several tariffs and enacted measures such as the SHANTI Bill to accommodate aspects of the deal.

These developments suggest domestic policy adjustments preceded or accompanied the announcement.

Coverage Differences

Context emphasis and detail

Some sources (Benzinga, The Indian Express) foreground tariff history and domestic legislative steps (the SHANTI Bill) as part of an ongoing negotiation narrative, while Mint focuses on import data and market-driven declines in Russian oil purchases; The Hindu highlights U.S. pressure tactics including threats of tariffs on partners of Iran and revoking a sanctions waiver for Chabahar. These differences reflect varied emphases: numeric/legislative context, market statistics, and geostrategic pressure.

Media reactions and framing

Observers differ on the announcement’s strategic implications and overall tone.

Moneycontrol highlights concerns about Indian strategic autonomy and quotes critics who say a foreign leader publicly outlining deal terms 'transgresses' that autonomy.

The Hindu focuses on U.S. diplomatic moves and the use of sanctions tools that framed Washington’s push.

By contrast, Benzinga and Hindustan Times present the announcement as a major commercial opening and a message of mutual cooperation.

Dainik Jagran and other outlets emphasize the large purchase figure announced by Trump and 'Buy American' commitments.

Some local and international outlets therefore emphasize sovereignty and geopolitical costs while mainstream business-focused outlets emphasize trade gains and tariff rollbacks.

Bhaskar English’s snippet is off-topic and asks for the article to be pasted, showing that not all outlets provided an independent report.

Coverage Differences

Tone / emphasis

Moneycontrol and The Hindu focus on strategic-autonomy and pressure tactics, using critical language and quoting internal critics; Benzinga and Hindustan Times emphasize deal size, tariff cuts and business opportunity. Dainik Jagran reiterates large purchase commitments and 'Buy American' pledges. Bhaskar English is not a direct news report here and instead requests the article to be provided, an example of off-topic or missing coverage among the snippets.

All 11 Sources Compared

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Benzinga

Trump Says He Has Reached Trade Deal With India; Narendra Modi 'Agreed' To Stop Buying Russian Oil

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Bhaskar English

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CNN

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Dainik Jagran MP CG

US Reduces India Tariffs to 18%; Trump Says India Will Buy Oil from US or Venezuela

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Hindustan Times

India US Trade Deal LIVE Updates: Opposition unhappy with Trump announcing India-US trade deal; NDA hails agreement | India News

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Mint

India-US trade deal: Trump claims India will stop buying Russian oil — what we know so far

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Moneycontrol

'If you have another country's Prez announcing...': Congress' Manish Tewari says Trump's post on India-US...

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NDTV

Trump Says India To Stop Russia Oil Imports After US Trade Deal: What We Know

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The Hindu

India-U.S. deal: Five unanswered questions

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The Indian Express

From calling India ‘tariff king’ to 25% extra duty for Russian oil, Trump finally fixed the tariff at 18%, one of the lowest

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