In a statement issued after the announcement, Greer said the agreement would significantly benefit US workers, farmers and producers by lowering tariffs across all US industrial goods and a broad range of agricultural products.
Under the order, beginning on its effective date, the United States may impose an additional ad valorem duty-for example, up to 25 per cent- on goods imported into the US from any country that directly or indirectly purchases, imports, or otherwise acquires goods or services from Iran.
Announcing the elimination of the additional tariffs imposed on India for purchase of Russian Oil the White House confirmed that India had agreed to stop importing Russian Oil
In an executive order issued by President Donald J. Trump, the United States announced the termination of the additional tariff imposed in August 2025 on Indian imports, citing concerns about Russia's actions against Ukraine and India's then-imports of Russian oil.
According to the joint statement, the Interim Agreement framework reaffirms both countries' commitment to deepen economic engagement, expand market access, and support more resilient supply chains.
While speaking with ANI, Agarwal said, "the decision reflects improving macroeconomic conditions, with inflation stabilising near the 4% target and downside risks to growth easing." "Inflation is now stabilising at around 4% and the downside risk to growth has reduced. In that context, it wa
Greek Defence Minister Nikos Dendias arrived in India for an official visit until February 9. He will meet Defence Minister Rajnath Singh and External Affairs Minister S Jaishankar, attend the India-EU Forum, and visit Bengaluru to explore defence industry cooperation.
He highlighted that the announcement by US President Donald Trump to reduce Indian tariffs to 18 per cent is a central component of this breakthrough. "It has brought a sense of relief to those who were concerned about the very high tariffs of 50 per cent that have been in place since Septem
Kirit Bhansali, Chairman of the Gems and Jewellery Export Promotion Council (GJEPC), stated that the agreement, set to be finalised in March, will provide much-needed relief to a sector that has struggled with high tariffs over the last year. He noted that the US remains the most critical ma