Trump removes 25% tariff on India linked to Russian oil in exchange for trade deal

The details of an interim agreement that lowers tariffs on Indian exports to the US from 50% to 18% have been announced

US President Donald Trump signed an executive order on Friday that eliminates the 25% tariff imposed on India in August for importing Russian oil.

The order claims that New Delhi has agreed to stop buying oil from Russia, directly or indirectly, and will instead purchase US energy products.

The two countries...