Back to today’s briefing

Story perspectives

Trump and Modi Discuss Trade Deal Amid Oil Tensions

11/7/2025

50 7

Summary

Story summary

On February 13, 2025, U.S. President Donald Trump met Indian Prime Minister Narendra Modi on trade.
Trump noted India's reduction in Russian oil purchases and said he would visit India in 2026 if invited.
Experts anticipate a year-end trade deal, with tariffs on Indian goods possibly dropping from 50% to 20%.
Analysts say challenges persist for Russian oil imports; India's Petroleum Ministry has not commented, and phasing out is unlikely.

1 of 1

Story summary

On February 13, 2025, U.S. President Donald Trump met Indian Prime Minister Narendra Modi on trade.
Trump noted India's reduction in Russian oil purchases and said he would visit India in 2026 if invited.
Experts anticipate a year-end trade deal, with tariffs on Indian goods possibly dropping from 50% to 20%.
Analysts say challenges persist for Russian oil imports; India's Petroleum Ministry has not commented, and phasing out is unlikely.