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Global News Podcast

India and US strike major trade deal

Global News Podcast

BBC

News, Daily News

4.38.3K Ratings

🗓️ 3 February 2026

⏱️ 27 minutes

🧾️ Download transcript

Summary

President Trump says India has agreed to stop buying Russian oil as part of a trade deal with the United States. In return, Washington will lower tariffs on Indian goods to 18%. Mr Trump said Delhi has pledged to buy more oil from the US and, potentially, from Venezuela. Also: Bill and Hillary Clinton have agreed to testify in Congress about Jeffrey Epstein. Marius Borg Høiby, the son of Norway's crown princess is due to go on trial in Oslo on 38 charges, including the rape of four women. BBC Russia Editor, Steve Rosenberg takes part in a new documentary on the challenges of reporting from inside the country. NASA is hit by fuel leaks during a practice countdown for the Artemis II crewed mission round the moon. And a boy swims four hours through rough seas to save his mother and younger siblings off Western Australia.

The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight. Get the news that matters, delivered twice a day on weekdays and daily at weekends, plus special bonus episodes reacting to urgent breaking stories. Follow or subscribe now and never miss a moment. Get in touch: globalpodcast@bbc.co.uk

Transcript

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0:00.0

BBC Sounds, Music, Radio, Podcasts.

0:05.5

This is the Global News Podcasts from the BBC World Service.

0:11.6

I'm Paul Moss and at 430 GMT on Tuesday, February 3rd, these are our main stories.

0:18.5

The US and India have apparently reached a trade deal, but does India see it the same way as Donald Trump?

0:25.2

Bill and Hillary Clinton have agreed to testify in Congress about Jeffrey Epstein, days before they risk being held in contempt if they failed to show up.

0:36.1

Also end this podcast, what's it like being our man in Moscow?

0:40.6

The BBC's Steve Rosenberg reveals all.

0:43.3

Plus,

0:44.1

We said the sport will take girls forward.

0:49.1

They will be able to get government jobs that are allocated to sportsperson.

0:54.0

How girls in India are using football to fight back against illegal child marriages.

0:59.7

And it's dress rehearsal time for Artemis, the NASA space mission, to send men and women back to the moon.

1:06.2

This is not going to be just a brief visit.

1:09.1

The goal for the future is to get a permanent presence.

1:16.5

Has Donald Trump really pulled off another of his much-touted trade agreements?

1:21.6

The U.S. President likes to see himself as a man who makes deals. And on Monday, he was hailing his

1:27.0

latest.

1:31.7

He announced that America would cut tariffs on goods imported from India and said that in return, India had promised not to buy any more Russian oil.

1:37.4

The trouble is, it's not clear that anyone's told India's Prime Minister.

1:41.6

Commenting on the deal, Narendra Modi welcomed the tariff reduction,

1:45.4

but he didn't mention anything about Russia or its oil.

1:48.4

So what's going on?

...

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