Reduction in IEEPA – India
Effective February 7, 2026, the United States is lifting the additional 25% IEEPA (International Emergency Economic Powers Act) tariffs imposed on Indian goods related to Russian oil imports. While 50% cumulative tariffs were previously in place, a new interim framework reduces the reciprocal tariff rate to 18% on specific sectors, following India’s commitment to stop Russian oil imports … Reduction in IEEPA – India








