Trump and Narendra Modi Sign $500B Trade Deal Ending Russian Oil Imports

Donald Trump and Narendra Modi signed a landmark trade agreement on February 2, 2026, reducing tariffs on Indian goods to 18 percent after India pledged to halt all Russian oil imports.India committed to purchasing more than $500 billion in energy, technology, and agricultural products from the USA while working toward a zero-tariff environment for American goods.This economic shift follows months of diplomatic pressure to drain Russian revenue and aligns with previous agreements involving the EU and new energy sources in Venezuela after the capture of Nicolas Maduro.