The President of the United States, Donald Trump, agreed to reduce tariffs on goods imported from India to 18%, down from 50%, due to India's decision to halt purchases of oil from Russia.
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NSANZIMANA SylverFebruary 4, 2026185 views0 comments
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The President of the United States, Donald Trump, agreed to reduce tariffs on goods imported from India to 18%, down from 50%, due to India's decision to halt purchases of oil from Russia.
President Trump had recently imposed a 25% tariff on Indian goods, in addition to an earlier 25% tariff related to the purchase of Russian oil.
Trump stated that India's intention to start purchasing oil from the United States—and possibly also from Venezuela—demonstrates a strengthening relationship and collaboration.
In a social media post, Trump said: "In addition to the friendship and respect with Prime Minister Narendra Modi as requested, starting now we have agreed on trade agreements between the United States and India, where America will reduce the tariff to 18%."
Trump recently stated that Prime Minister Modi agreed that India would purchase American goods worth over $500 billion, including products related to energy, technology, agriculture, and other categories.
Following a reduction in tariffs and discussions between both parties, Prime Minister Modi expressed his satisfaction in representing the people of India and engaging in talks with his close friend, President Trump, regarding the lowered tariffs on these goods.
Last August, Trump had doubled tariffs on products imported from India, raising them to 50%, aiming to put pressure on India to stop purchasing oil from Russia.
At the beginning of February, it was mentioned that fuel prices might rise again if India does not reduce its purchases from Russia and starts to engage more significantly with the United States.
India relies heavily on imported oil, sourcing about 90% of its oil from abroad. Since 2022, it has been increasing its purchases from Russia, but recently it has been reducing the volume of oil it imports from that country, decreasing from 1.2 million barrels per day to around 800,000, according to reports from the British news agency Reuters.
This reduction in fuel taxes was announced after India and the European Union (EU) reached a comprehensive trade agreement (free trade agreement).
Summary in kiswahili
Rais wa Marekani Donald Trump ametangaza kuwa nchi yake itapunguza ushuru wa bidhaa zinazoingiza kutoka India kutoka asilimia 50 hadi asilimia 18, kufuatia makubaliano ya biashara kati ya nchi hizo mbili. Hatua hii inakuja baada ya Marekani kuweka ushuru wa asilimia 25 kwa bidhaa za India mwezi Agosti mwaka jana, kama adhabu kwa India kuendelea kununua mafuta kutoka Urusi.
Trump alisema kuwa makubaliano haya yanatazamia India kuongeza ununuzi wa mafuta kutoka Marekani na Venezuela, na kuimarisha ushirikiano wa nishati kati ya nchi hizo mbili. Waziri Mkuu wa India Narendra Modi alishukuru kwa hatua ya kupunguza ushuru na kuitaja kuwa ni hatua nzuri kwa uhusiano wa kibiashara kati ya mataifa hayo ¹.
Uamuzi huu unatokea wakati India na Umoja wa Ulaya (EU) wametia saini makubaliano ya biashara huru.
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NSANZIMANA Sylver
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