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World

Trump lifts Russia-related oil tariffs on India under new trade deal

South China Morning Post · · 90 views

After more than a year of haggling, US President Donald Trump on Monday announced a major trade deal between Washington and New Delhi that significantly de-escalates economic tensions between the two nations. A White House official confirmed to the South China Morning Post that the deal will remove the 25 per cent punitive Russia oil tariffs. Trump in a social media post earlier said that he held a phone call with Indian Prime Minister Narendra Modi. “He [Modi] agreed to stop buying Russian Oil,...

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