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Trump cuts deal with India to reduce tariffs, increase oil purchases

todayFebruary 2, 2026

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Donald Trump said he was lowering the tariff on India as part of a deal for the country to stop buying Russian oil and increase purchases from the United States.

 Donald Trump said he was lowering the tariff on India as part of a deal for the country to stop buying Russian oil and increase purchases from the United States. USA TODAY – Breaking News and Latest News Today Read More 

Written by: Energy 90.5

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