# The deal comes after several months of negotiations.

*business · news · 2026-02-02 · Times of India*

## Key points

- India and the US have finalized a trade deal reducing US tariffs on Indian goods from 25% to 18%.
- India has committed to stop buying Russian oil and will increase energy imports from the US and possibly Venezuela.
- India will reduce its tariffs and non-tariff barriers on US products to zero under the deal.
- India has agreed to purchase at least $500 billion of US energy, technology, agriculture, and coal products.

**Countries:** India, United States

[Read the full story on Times of India](https://timesofindia.indiatimes.com/business/india-business/india-us-trade-deal-announced-by-us-president-donald-trump-pm-narendra-modi-check-highlights-details-russia-oil/articleshow/127866823.cms)

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