U.S. President Donald Trump and Indian Prime Minister Narendra Modi embrace after giving a joint statement in New Delhi, India, on Feb. 25, 2020. Manish Swarup/AP PhotoPresident Donald Trump removed a 25 percent punitive tariff on all imports from India over its purchases of Russian oil, the White House announced Friday.“The Interim Agreement between the United States and India will represent a historic milestone in our countries’ partnership, demonstrating a common commitment to reciprocal and balanced trade based on mutual interests and concrete outcomes,” the two countries said in a joint statement.
Trump Drops Punitive Tariff on India Over Russian Oil Purchases
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