Foreign media: Bessant hints that US-India tariffs may be eased.

This article is machine translated
Show original

According to Politico, U.S. Treasury Secretary Matt Bessen hinted in Davos on Odaily that the U.S. might remove the additional tariffs imposed on India, which have led to a significant drop in India's purchases of Russian oil, calling it a "huge success." Bessen told Politico that Indian refineries' purchases of Russian oil have "collapsed" due to the U.S. tariffs. He suggested that while the tariffs are currently in effect, there is a diplomatic "pathway" to their removal if India shifts its energy sources, and asserted that these trade measures have brought substantial benefits to the U.S. economy.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments