{"id":"f-445134d771-22410f90-5c38-5ca2-9706-9ab599d9bb01","title":"US Lifts 25% Tariffs on India Over Russian Oil Purchases","description":"U.S. President Donald Trump has lifted a 25% tariff on India for Russian oil purchases, acknowledging India's commitment to halt imports from Russia and strengthen ties with the U.S.","timestamp":1770620858,"category":"international","headline":"US Lifts 25% Tariffs on India Over Russian Oil Purchases","modifiedHeadline":"US lifts additional 25% tariffs on Indian imports","subCategories":["scid_edbc7f13"],"region":"IN","bundleMetaData":{"bundleId":"c80449a0-0ad6-472b-8d17-5747dd8f5c83","bundleTitle":"Around the globe","cardData":null},"iabCategoryId":"386","fcSummary":"the u.s. has removed a 25% tariff on indian purchases of russian oil after india committed to ceasing all russian oil imports and agreed to buy more energy from the u.s. and enhance defense cooperation over the next decade, marking a significant strengthening of u.s.-india ties.","summary":"On February 7, U.S. President Donald Trump announced the removal of a 25% tariff imposed on India regarding its purchases of Russian oil.","ctaUrl":"https://trends.glance.com/newz/news/IN/en/timesnow/f-445134d771-22410f90-5c38-5ca2-9706-9ab599d9bb01","sourceUrl":"https://www.timesnownews.com/agency-news/us-lifts-25-tariffs-on-india-over-russian-oil-purchases-article-153582559","bannerImage":"https://g-mob.glance-cdn.com/public/fc/image/OmEDOTF2i7R0.webp","content":"

On February 7, U.S. President Donald Trump announced the removal of a 25% tariff imposed on India regarding its purchases of Russian oil. This decision

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follows India's commitment to cease both direct and indirect imports of oil from Russia, reflecting a significant shift in U.S.-India relations. In an executive order, Trump highlighted that India has taken substantial steps to align with U.S. national security and foreign policy interests. The U.S. President acknowledged India's commitment to purchase energy products from the United States and its plans to enhance defense cooperation over the next decade.

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Details of the Executive Order

Trump's executive order emphasized the importance of India's actions in addressing the national emergency outlined in Executive Order 14066. The President stated, \"India has committed to stop directly or indirectly importing Russian Federation oil, has represented that it will purchase energy products from the United States, and has recently committed to a framework with the United States to expand defense cooperation over the next 10 years.\"\n
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Impact on U.S.-India Relations

The removal of the tariffs marks a pivotal moment in U.S.-India relations, as it demonstrates mutual efforts to strengthen economic and strategic ties. Trump's determination to eliminate the tariffs was based on the assessment that India has taken significant steps to align with U.S. interests in security, foreign policy, and economic matters.\n
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US Lifts 25% Tariffs on India Over Russian Oil Purchases

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