U.S.–India Interim Trade Deal Cuts Tariffs to 18%, with Venezuelan Oil Sales as Part of Broader Trade and Sanctions Realignment

The interim pact not only lowers tariffs but links trade access to energy realignment, binding U.S.–India commerce to Washington’s broader strategy of squeezing Russia’s oil revenues. The United States and India are moving toward formal implementation of an interim trade agreement that reduces U.S. tariffs on Indian goods to 18% and removes a 25% punitive

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