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US Treasury Secretary calls tariffs on India a 'success', indicates possible rollback

Express Video Service

The US has signalled a rollback on a portion of the steep tariffs on Indian imports amidst the ongoing trade negotiations between the two. The Trump-led US has cited a sharp fall in India’s purchase of Russian crude oil for the possible move. Trump called the US tariffs on India a 'success' as India's import of Russian oil came down. However, India has claimed that it has consistent imports from Russia, with some reduction by private refineries.

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