U.S. President Donald Trump has revoked an additional 25% tariff on goods from India, which had previously been imposed over the country’s purchases of Russian oil, Reuters reports. The relevant order takes effect during the day on February 7.
The document stipulates that the measures may be reinstated if the U.S. Department of Commerce determines that India has again begun exporting oil of Russian origin, directly or indirectly.
At the same time, a trade agreement has entered into force under which India committed to purchase $500 billion worth of U.S. goods over five years. The deal covers, among other items, oil, gas, coal, precious metals, aircraft, and high-technology products.
Under the agreement, baseline tariffs unrelated to Russian oil were also revised. They were cut from 25% to 18%, reducing the overall rate applied to Indian goods on the U.S. market from 50% to 18%.
The additional tariffs on India were imposed by Trump in August 2025. As early as October, he said that Indian Prime Minister Narendra Modi had promised to stop buying Russian oil, but in practice the purchases continued.
After Russia launched its full-scale war against Ukraine, India became one of the largest buyers of Russian oil, nearly matching China in import volumes. Washington, however, did not introduce comparable additional tariffs on Beijing over its purchases of Russian crude.