The United States has eased trade penalties on India after President Donald Trump signed an order removing a 25% additional tariff that was imposed over India’s purchase of Russian oil. With this decision, the total duty on Indian goods, which had gone up to nearly 50%, has now been reduced to around 18%. The move is seen as a step toward improving trade relations between the two countries. However, the US has made it clear that penalties could return if India resumes large-scale purchases of Russian oil. According to official statements, India has agreed to increase its oil imports from the United States as part of ongoing negotiations. Along with the tariff rollback, both countries released a joint statement on their broader trade agreement, highlighting cooperation in energy, defense, technology, and investment. The decision comes amid global efforts to limit Russia’s energy revenues and reflects the US push to strengthen its economic and strategic partnership with India.
