Donald J. Trump says Modi agreed to trade deal - Speech Brief
2 February 2026 16:58 UTC · Donald J. Trump · Truth Social Post · Source · Email X Link

Donald J. Trump says Modi agreed to trade deal

Key points

  • India to stop buying Russian oil and buy more U.S. (and potentially Venezuelan) energy
  • U.S.-India trade deal: U.S. reciprocal tariff cut 25%→18%; India to reduce tariffs and non‑tariff barriers to zero

TL;DR

  • Donald J. Trump says he spoke with Prime Minister Modi about trade and ending the Russia‑Ukraine war.
  • Trump says Modi agreed to stop buying Russian oil and to buy more U.S. oil and potentially Venezuelan oil.
  • Trump says the U.S. will cut its reciprocal tariff from 25% to 18% and that India will reduce tariffs and non‑tariff barriers to zero; Modi committed to increased "Buy American" purchases and over $500 billion of U.S. products.
Original text

It was an Honor to speak with Prime Minister Modi, of India, this morning. He is one of my greatest friends and, a Powerful and Respected Leader of his Country. We spoke about many things, including Trade, and ending the War with Russia and Ukraine. He agreed to stop buying Russian Oil, and to buy much more from the United States and, potentially, Venezuela. This will help END THE WAR in Ukraine, which is taking plac...

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