In a huge Monday development, President Trump has announced the US will trim its punitive 25% tariff (actually 50%) on Indian imports to 18% after striking what he hailed as a new “trade deal” with Indian Prime Minister Narendra Modi. Crucially it hinges on New Delhi having reportedly ended its purchases of Russian crude and swapping them for massive US energy and goods buys.

In a Truth Social post, Trump portrayed the agreement as a major geopolitical win, saying that India “agreed to stop buying Russian oil, and to buy much more from the United States and, potentially, Venezuela,” and crucially framing the move as helping “END THE WAR in Ukraine.”

https://www.zerohedge.com/markets/trump-lowers-india-tariffs-modi-stops-buying-russian-oil-will-cut-tariffs-zero-buy-american

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Hmmm….India is the “I” in BRICS….Modi apparently “committed” to buy a BUNCH more USA stuff…..perhaps he will release a video confirming he is shutting off Russian Oil (for clarity of course)……. it wasn’t mentioned in the INDIA press

https://www.ndtv.com/india-news/big-thanks-pm-modi-on-trump-tariff-announcement-10934080  OR here

https://www.indiatoday.in/india/story/congress-slams-pm-as-trump-reaches-trade-deal-india-gets-to-know-of-its-govts-actions-from-us-president-2862084-2026-02-02

Guess we will have to wait for an India/Russia press conference………