President Trump rescinds punitive duty on Indian goods after oil trade deal
President Trump signed an order Friday removing a 25 percent duty on Indian imports. This follows a deal where India agreed to halt its Russian oil purchases.
President Donald Trump donald trump signed an executive order on February 6, 2026, to rescind a punitive 25% duty on all imports from India 
IN. The action by Donald Trump donald trump reverses a tariff measure that had been previously imposed on India IN in connection with the country's ongoing purchases of oil from Russia 
RU. This decision by the White House reverses a measure connected to a recently announced United States 
US-India IN trade deal and marks a significant shift in bilateral trade policy.
IN. The action by Donald Trump donald trump reverses a tariff measure that had been previously imposed on India IN in connection with the country's ongoing purchases of oil from Russia RU. This decision by the White House reverses a measure connected to a recently announced United States US-India IN trade deal and marks a significant shift in bilateral trade policy.The rescinding of the 25% duty follows the framework of the United States US-India IN trade deal announced just days earlier. Under the terms of this agreement, United States US tariff rates were adjusted from 50% to 18%. This adjustment was made in return for India IN altering its procurement of oil from Russia RU. The executive order effectively removes the additional 25% punitive layer that had been applied to Indian IN goods entering the United States US.
US-India IN trade deal announced just days earlier. Under the terms of this agreement, United States US tariff rates were adjusted from 50% to 18%. This adjustment was made in return for India IN altering its procurement of oil from Russia RU. The executive order effectively removes the additional 25% punitive layer that had been applied to Indian IN goods entering the United States US.
