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The White House has hailed a caller commercialized statement with India, saying the state has committed to “no longer” purchasing Russian oil, with Prime Minister Narendra Modi besides agreeing connected investments of $500 cardinal crossed cardinal American sectors.
These remarks were made by White House Press Secretary Karoline Leavitt connected Tuesday (February 3, 2026).
"The President struck different large commercialized woody with India. He spoke with Prime Minister Modi directly. They stock a precise bully relationship. India is committed to not lone nary longer purchasing Russian oil, but buying lipid from the United States, besides possibly from Venezuela too, which we cognize volition present person a nonstop payment connected the United States and the American people,” Ms. Leavitt told reporters Tuesday (February 3, 2026).
She further said that successful summation to that, Prime Minister Modi “committed to $500 cardinal of investments into the United States, including for transportation, for vigor and for cultivation products arsenic well. So this is different large commercialized woody acknowledgment to President Trump.”
Earlier, speaking to Fox News astir the India-U.S. commercialized deal, Ms. Leavitt said the 2 leaders had a “great call” connected Monday (February 2, 2026), pursuing which the bilateral commercialized woody was announced.
“...when it comes to Prime Minister Modi, I cognize helium [Mr. Trump] peculiarly enjoys their narration and has a heavy respect for the Prime Minister and for his state of India.
“They had a large call. It was precise productive yesterday, and they struck a woody successful which India has agreed to halt purchasing Russian lipid to bargain much American lipid from the United States of America, and perchance from Venezuela too,” she said.
Ms. Leavitt added that Trump and his nationalist information squad are “now dictating” the commerce of Venezuela and those lipid sales.
“So this straight benefits the American radical arsenic well. And successful addition, India has agreed to put much successful the United States due to the fact that of President Trump's telephone to enactment connected that telephone telephone yesterday. Prime Minister Modi committed to USD 500 cardinal of purchases of US energy, transportation, and cultivation products,” she said.
Ms. Leavitt said the U.S. tariff connected India volition present beryllium astatine 18%, but American exports to India volition look a tariff of 0 per cent, truthful this is simply a large woody and a immense triumph for American workers, businesses and consumers alike.”
The Trump medication had imposed 50% tariffs connected India, including 25% for Delhi’s purchases of Russian oil.
In a Truth Social station connected Monday (February 2, 2026), Mr. Trump had said that, effectual immediately, the 2 sides agreed to a commercialized woody nether which the U.S. volition little its reciprocal tariff imposed connected India from 25% to 18%. India volition besides determination guardant to trim its tariffs and non-tariff barriers against the United States to “zero".
“The Prime Minister besides committed to ‘BUY AMERICAN’, astatine a overmuch higher level, successful summation to implicit $500 BILLION DOLLARS of US Energy, Technology, Agricultural, Coal, and galore different products.
“Our astonishing narration with India volition beryllium adjacent stronger going forward. Prime Minister Modi and I are 2 radical who GET THINGS DONE, thing that cannot beryllium said for most,” Mr. Trump said.
Mr. Modi said it was fantastic to talk with his “dear friend" Mr. Trump.
"Delighted that Made successful India products volition present person a reduced tariff of 18 per cent. Big acknowledgment to President Trump connected behalf of the 1.4 cardinal radical of India for this fantastic announcement,” Mr. Modi said.
"When 2 ample economies and the world’s largest democracies enactment together, it benefits our radical and unlocks immense opportunities for mutually beneficial cooperation. President Trump’s enactment is captious for planetary peace, stability, and prosperity. India afloat supports his efforts for peace. I look guardant to moving intimately with him to instrumentality our concern to unprecedented heights,” Mr. Modi said.
