Sergio Gor

Rule Changes

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In February 2026, President Donald Trump cut tariffs on Indian goods from 50% to 18% after Prime Minister Narendra Modi said India would stop buying Russian oil, and India put $500 billion of US energy, aircraft and technology purchases on the table over five years. No binding agreement has been signed. The US Supreme Court then struck down the reciprocal tariff regime that the 18% rate rested on, leaving duties on Indian exports unsettled.

Updated Oct 31

Rule Changes

As of May 2026: Coordinating Rubio's visit on the ground

The Quad foreign ministers met in New Delhi on May 26 and produced three concrete agreements: a joint critical minerals framework, an Indo-Pacific maritime surveillance initiative, and the Quad's first joint infrastructure project — a port in Fiji. Rubio called the trade deal 'on the verge.'

Updated May 26