US revokes additional 25% tariff on Indian imports

What happened:
 

On February 7, US President Donald Trump signed an executive order revoking the additional 25% tariff imposed on Indian imports over New Delhi’s purchases of Russian oil. The White House said the decision followed a review of India’s recent steps, including commitments to stop importing Russian oil, expand defence cooperation, and increase purchases of US energy.

Why it matters:

 The move eases trade frictions and signals renewed alignment in India–US economic and strategic ties. It reinforces cooperation on energy security and defence while underscoring Washington’s use of trade measures to advance broader foreign policy objectives.