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Washington cancels punitive tariffs on India

February 7, 2026AL24 | الاقتصادal24news.dzTranslated from Arabic
Washington cancels punitive tariffs on India

US President Donald Trump canceled the 25 percent punitive tariffs imposed on imports from India due to its purchase of Russian oil, citing New Delhi's commitment to 'stop importing it directly or indirectly.' According to the executive order signed by Trump, US officials will monitor the situation and recommend reinstating the tariffs if New Delhi resumes purchasing oil from ...

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