India's US Commitments: No Russian Oil, $500B Investment, Zero Tariffs

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News18•04-02-2026, 10:15
India's US Commitments: No Russian Oil, $500B Investment, Zero Tariffs
- •White House states India committed to cease Russian oil purchases and invest $500 billion in the US.
- •USTR Greer announced India will reduce tariffs to zero on a wide range of US industrial and agricultural goods.
- •EAM Jaishankar met US Treasury Secretary Bessent to discuss economic partnership and strategic cooperation.
- •Jaishankar and Rubio welcomed a trade deal, discussing energy, nuclear, defence, and critical minerals.
- •Other foreign news includes Jeffrey Epstein files, US-Iran tensions, and developments in Bangladesh, Pakistan, Nepal, and the Russia-Ukraine war.
Why It Matters: India strengthens ties with the US through major economic commitments and strategic partnerships.
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