The devil's in the details of the U.S.-India trade deal

The devil's in the details of the U.S.-India trade deal

Published: February 3, 2026

Duration: 6:52

From the BBC World Service: President Donald Trump announced tariff cuts on goods imported from India and said that, in return, India promised not to buy any more Russian oil. But when Prime Minister Narendra Modi announced the tariff reduction, he didn’t mention anything about Russia or its oil. What gives? Then, following the U.S. military action in January, a bill currently before Venezuela's National Assembly aims open its state-dominated oil industry to foreign investment.