Amid an escalating trade war with China and harsh criticism at home, US President Donald Trump is likely to slash tariffs on India to 15% and remove the punitive tariffs of 25% for buying Russian oil. If reports are to be believed, the Trump administration is mulling the idea after being assured that New Delhi would stop buying crude oil from Moscow and import energy from the US. In what may be called a big breakthrough reached unofficially in back-channel talks between the topmost officials of the two countries, Washington is ready to backtrack. The most important point yet to be decided is the timeline on how India would gradually reduce its purchase of Russian oil and increase energy sources from the US.

US-India trade deal

If media reports are to be believed, the two sides are in the

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