Monday, February 2, 2026 at 7:19 PM
The article discusses the U.S. decision to cut tariffs on India to 18% as part of a trade deal, linked to India's commitment to stop purchasing Russian oil and increase American imports.
India relies on Russia for roughly a third of its oil imports, up from just 2% before Russia invaded Ukraine in early 2022.
The agreement is both economies’ largest and will link almost two billion consumers.
New Delhi powered ahead with trade deals that strengthened its hand in negotiations with the U.S.
America’s postwar allies are weighing closer ties to Beijing as they scour the globe for alternative markets.
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