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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
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