US Slashes Tariffs on Indian Goods to 18%. On February 2, 2026, President Donald Trump announced a major reduction in tariffs on Indian imports, cutting the rate from as high as 50% to 18% effective immediately. The previous structure included a 25% reciprocal tariff plus a 25% punitive duty imposed in August 2025 due to … Continue reading US Slashes Tariffs on Indian Goods to 18%