President Donald Trump said a new agreement with India will immediately lower tariffs on both sides, with New Delhi committing to eliminate duties and non-tariff barriers on U.S. exports.

By yourNEWS Media Newsroom

The United States and India have reached a new trade agreement that will immediately reduce tariffs on goods exchanged between the two countries, President Donald Trump announced, describing the deal as a major shift in bilateral trade relations.

Under the agreement, the United States will lower its reciprocal tariff rate on Indian goods from 25 percent to 18 percent, Trump said in a post on Truth Social dated Feb. 2. In return, Trump said India has agreed to move forward with eliminating all tariffs and non-tariff barriers on American products entering the country.

According to the president, the deal will result in India imposing a zero percent levy on U.S. goods, a step he framed as a significant concession by New Delhi.

Trump also said India committed to changing its energy purchasing practices as part of the agreement. He wrote that India will “stop buying Russian oil” and instead increase its purchases from the United States and, potentially, Venezuela.

The president did not provide additional details on the timeline for implementing the tariff reductions or how compliance with the energy commitments would be enforced. No further terms of the agreement were disclosed in the announcement.

The deal marks the latest effort by the Trump administration to reshape U.S. trade relationships through reciprocal tariff reductions and market access commitments, particularly with major trading partners.