Trump is also removing the extra 25 per cent duty on Indian goods he applied in response to India’s purchases of crude oil from Russia, according to officials familiar with the matter. India ships almost a fifth of its total exports to the US and Trump’s tariffs of 50 per cent amounted to the highest rate on products from any major trading partner. India was among the first to open trade talks with the Trump administration, but ties soured after the US president repeatedly claimed credit for a ceasefire between India and Pakistan, an assertion that rankled officials in New Delhi.
Author: Skylar Woodhouse and Shruti Srivastava
Published at: 2026-02-02 22:02:00
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