Brief by Shorts91 Newsdesk / 06:54am on 08 Feb 2026,Sunday India Global
The United States has removed a 25% penalty tariff on Indian goods after India committed to stop importing Russian oil and buy US energy. The order, signed by Donald Trump, took effect on February 7. The US said it will closely monitor whether India resumes Russian oil purchases and may reimpose the tariff if it does. The deal also includes plans to expand India-US defence cooperation over the next 10 years. India has not officially confirmed stopping Russian oil imports. The Ministry of External Affairs said India’s energy choices depend on market conditions and national energy security. (PC: PTI)
