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Trump releases good news on tariffs, US tariffs on India reduced to 18%
BlockBeats News, February 3rd, U.S. President Donald Trump announced that Indian Prime Minister Modi has agreed to stop purchasing Russian oil and to buy more oil from the United States, possibly even from Venezuela. Starting today, the U.S. and India have agreed to establish a trade agreement. Under the agreement, the U.S. will reduce reciprocal tariffs on India from 25% to 18%. They will also gradually eliminate tariffs and non-tariff barriers against the U.S. until they are completely removed. (Jin10)