Overview
- President Trump announced the reciprocal tariff on Indian imports will drop from 25% to 18%.
- A White House official told the Mainichi that the U.S. would remove its 25% secondary tariffs as part of an agreement linked to halting Russian crude purchases.
- Trump said India agreed to stop buying Russian oil and to increase imports from the U.S. and Venezuela, but Indian authorities have not confirmed this.
- Prime Minister Narendra Modi publicly welcomed the tariff reduction and voiced support for Trump’s peace efforts without mentioning Russian oil.
- Trade talks had stalled over energy issues before the call, and Trump previously said India had agreed to import Venezuelan crude.