US to lift 25% tariff on India for purchasing Russian oil

Business & Economy February 07, 2:01

This follows from the executive order signed by Donald Trump

WASHINGTON, February 7. /TASS/. The US administration decided to cancel the additional 25% tariffs on Indian goods imposed on the country for purchasing Russian oil, according to an executive order signed by President Donald Trump.

The document, published by the White House says that starting from February 7, "products of India imported into the United States shall no longer be subject to the additional ad valorem rate of duty of 25%".

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