Foreign media: US Treasury Secretary Scott Bentsen hinted that the US may remove the additional 25% tariff on Indian goods as India has significantly reduced its oil imports from Russia.
Last August, President Trump doubled the tariffs on Indian goods to 50%, including a 25% tariff on Russian crude oil. Bentsen said at the World Economic Forum that India's purchases of Russian oil have declined significantly, which is a major success, and he imagines that the tariffs might be removed.
It was reported that India's oil imports from Russia in December fell to the lowest level in two years, pushing the share of OPEC oil imports to an 11-month high. Previously, Trump had warned that if India did not reduce its oil imports from Russia, the tariffs could be increased further.
Original: toutiao.com/article/1855215856556104/
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