‘Path to take them off now’: Trump aide hints at rolling back 25% India tariffs after 'Russian oil purchases collapse'

US Treasury Secretary Scott Bessent signaled possible rollback of half the 50 percent tariffs on India, citing reduced Russian oil imports. Tariffs were imposed in two phases: 25 percent over trade imbalances and another 25 percent as a punitive measure for Russian oil purchases. India disputes claims of reduced Russian oil imports, maintaining its energy policy is based on national interest despite US pressure.