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Trump’s 50% India tariffs: Full timeline of trade tensions and US-India relations

Donald Trump said Monday that he had agreed on a new trade deal with India and that New Delhi agreed to curb its purchases of Russian oil and increase energy imports from the United States and potentially Venezuela.

Modi Trump’s invite to join Gaza peace boardPM Modi and US President Donald Trump. (File)
3 min readFeb 4, 2026 04:45 PM IST First published on: Feb 2, 2026 at 11:45 PM IST

Trump’s 50% India tariffs: US President Donald Trump said Monday that he had agreed on a new trade deal with India and that New Delhi agreed to curb its purchases of Russian oil and increase energy imports from the United States and potentially Venezuela. The announcement comes after months of escalating trade sanctions, triggered by Washington’s dissatisfaction with India’s energy sourcing and broader trade imbalance.

The tariff dispute dates back to early 2025, when the Trump administration, pursuing a tough trade agenda, launched a series of tariffs under what it called “reciprocal tariff” policies aimed at reducing the US trade deficit with major partners. However, the primary trigger for punitive duties on Indian exports was New Delhi’s continued import of discounted Russian crude oil, which the Biden administration and later Trump argued helped fund Moscow’s war in Ukraine and undermined Western sanctions.

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