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

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.