US–India tariffs cut to 18%, but Russian oil is the real stress test for this deal. 📌 After the Trump–Modi call on Feb 2, the United States said tariffs on India’s goods would drop to 18% from an effective 50%, easing a major drag on export expectations and near-term risk
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US–India tariffs cut to 18%, but Russian oil is the real stress test for this deal. 📌 After the Trump–Modi call on Feb 2, the United States said tariffs on India’s goods would drop to 18% from an effective 50%, easing a major drag on export expectations and near-term risk