Apparent India/U.S. IEEPA Duty Deal Reached

Feb. 2, 2026
By: Hannah B. Kreinik

President Trump announced on social media that the U.S. and India have come to an agreement regarding IEEPA duties. As of this time, no official White House communication has been published on the agreement.

President Trump stated that India’s reciprocal duties would be decreased from 25% to 18% in accordance with the deal. In addition, White House sources have stated that the 25% duty against India for purchasing Russian oil will also be eliminated under the agreement (the U.S. previously imposed the duties in August, see our article here). President Trump stated that Indian Prime Minister Narendra Modi also agreed to decrease tariffs on U.S. goods to zero and remove non-tariff barriers against the U.S. as well. India will also increase its purchase of U.S. goods as part of the trade deal.

The Trump administration’s approach with trading partners is evidently making trade deals to limit reciprocal duties for an increase in U.S. product purchases and lowering non-tariff barriers against the U.S. (see other similar agreements here, here, and here). Importers should stay up to date on any trade partner deals and potential negotiations. Previous agreements have promised changes in compliance with U.S. laws and regulations, as well as supply chain changes for critical minerals. Critical mineral supply chain changes were specifically mentioned in the deals with Malaysia, Australia, Japan, and Thailand (see the article here).

Of course, all of these bilateral deals relate to tariffs imposed under IEEPA, which may or may not survive Supreme Court review.

Barnes, Richardson & Colburn attorneys are here to help your company manage the Trump administration’s various changes and agreements.