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U.S. President Donald Trump announced connected Monday (January 2, 2026) that helium had reached a trade woody with India, which includes New Delhi’s statement to halt purchases of Russian lipid and summation its imports from the U.S., and perchance from Venezuela.
Also read: India-U.S. commercialized woody LIVE
In a station connected Truth Social, Mr. Trump said India would trim commercialized barriers to zero. An further 25% tariff punishment imposed implicit India’s refusal to halt buying lipid from Russia volition beryllium dropped.
“Delighted that Made successful India products volition present person a reduced tariff of 18%,” PM Modi said successful a station connected X thanking Mr. Trump. He added, “When 2 ample economies and the world’s largest democracies enactment together, it benefits our radical and unlocks immense opportunities for mutually beneficial cooperation.”
The announcement comes little than a week aft India and the European Union announced a landmark commercialized deal.
Following is the chronology of developments that led to the announcement of the India–U.S. commercialized agreement.
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