President Donald Trump and Indian Prime Minister Narendra Modi meet in the Oval Office on Feb. 13, 2025. Andrew Harnik/Getty Images
President Donald Trump removed a 25 percent punitive tariff on all imports from India over its purchases of Russian oil, the White House announced on Feb. 6.
“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.
