Trump announces trade deal with India Highlights: Trump cuts tariffs on Indian imports to 18% after call with PM Modi
Trump: Reduced Tariffs out of friendship for PM Modi.
The announcement was released on Truth Social.
Modi: India products now have reduced tariffs! Thanks, Trump!
US to cut tariffs on Indian imports to 18%.
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Why this matters
US trade deal with India Highlights: United States President Donald Trump on Monday, 2 February 2026, announced that after speaking with Indian Prime Minister Narendra Modi, the two nations have finally agreed on a long-awaited trade deal. Modi's ‘Big Thanks’ to TrumpIndian Prime Minister Narendra Modi thanked his ‘dear friend’, President Donald Trump, for reducing the reciprocal tariffs to 18% compared to their original 25% levels. However, no announcement has been made from either side on the
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