Business & Economics
Trump Unilaterally Unveils India-US Tariff-Cut Deal, Triggering Parliamentary Furor in New Delhi
On 3 Feb 2026, U.S. President Donald Trump declared that U.S. tariffs on Indian goods would drop immediately from 25-50 % to 18 % after a phone call with PM Modi, a move announced in Washington before any statement in the Indian Parliament.
Focusing Facts
- The Lok Sabha was suspended for one hour on 3 Feb 2026 as Congress MPs demanded the full text of the deal and filed an adjournment motion.
- Trump’s post said India would halt purchases of Russian oil and buy up to US $500 bn in U.S. energy, farm and industrial goods while cutting its own tariff and non-tariff barriers to “zero.”
- U.S. Secretary of Agriculture Brooke Rollins claimed the pact will trim a US $1.3 bn American agricultural trade deficit with India by expanding farm exports.
You've read the facts. The perspectives are behind this line.
Perspectives in this article
- Pro-business and government-friendly Indian media
- Opposition-aligned and critical outlets amplifying Congress leaders
- U.S.–centric or international business coverage