Daily Current Affairs / US Removes 25% Tariff on Indian Goods After India Halts Russian Oil Imports
Category : Business and economics Published on: February 09 2026
The United States has withdrawn the additional 25% tariff on Indian goods effective February 7, 2026, following India’s commitment to stop importing Russian oil. The decision restores previous trade terms and signals improved bilateral relations. The US will monitor compliance and may reimpose tariffs if India resumes such imports.