US Dropping 25% Separate Tariff on Indian Imports After Pledge to Cut Russian Oil, White House Says

(Reuters) – The Trump administration is dropping a 25% additional tariffs imposed on Indian imports over its purchases of Russian oil, in addition to lowering a country-specific tariff to 18% from 25%, a White House official said on Monday. “We are also dropping the 25% tariff given India’s agreement to stop buying Russian oil,” the … Read more