U.S. Hints at Tariff Rollback for India After Sharp Drop in Russian Oil Imports

Tekedia | 25-01-2026 09:54am |

U.S. Treasury Secretary Scott Bessent on Friday indicated that Washington could roll back an additional 25% tariff imposed on Indian goods, pointing to a sharp fall in India’s purchases of Russian crude oil as evidence that U.S. pressure is having the intended effect. Speaking in an interview with Politico at the World Economic Forum in

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