BUSINESS India-US trade deal: 25% penal tariffs linked to Russian oil gone? Here’s what we know Sumitra February 3, 2026 Donald Trump has claimed that the trade deal has been agreed after India has agreed to reduce tariffs on US goods to zero, committed to stop buying Russian crude and step up oil purchases from America, and potentially Venezuela. Continue Reading Previous: Budget 2026 backs manufacturing, logistics and SEZ reforms to boost shipments, says Commerce SecretaryNext: India-US trade deal clarity: Pharma exporters gain edge in US; sector eyes growth boost Related Stories BUSINESS Elon Musk loses lawsuit against OpenAI Sumitra May 19, 2026 BUSINESS Big win for Gautam Adani as US Justice Department drops charges, closes securities and wire fraud case permanently Sumitra May 19, 2026 BUSINESS India jewellery exports fall 9.07 per cent in April to Rs 20.82 crore amid geopolitical tensions Sumitra May 18, 2026