India remains engaged with US government on tariff-related developments: Jitin Prasada
New Delhi: The government is studying all the tariff-related developments in the US for their implications and remains engaged with America, Parliament was informed on Tuesday.
In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Jitin Prasada said that on February 7, an additional tariff of 25% was imposed by the US on certain Indian exports over India’s purchase of Russian oil.
“Pursuant to the US Supreme Court judgement dated 20th February 2026 invalidating reciprocal tariffs, the reciprocal tariffs are no longer in force.
