The Trump administration has clarified that the refund of 25% extra US tariff linked to Russian crude oil will be available only in those cases where duty was charged by mistake on shipments arriving after February 7. This is not a policy rollback or tariff relief, but a procedural fix to correct incorrect collection due to technical error. According to the US government, refunds will not be automatic, but will be evaluated on a case-by-case basis. Refund will be approved only after checking the import date, documentation and duty payment details. What this means is clear – there will be no extra tariff on future imports, but the duty already charged will be refunded only in eligible cases.
Relief on Russian Oil Angle? Some exports from India may get US Tariff Refund. Money Live | Relief on the Russian Oil Angle? Some Indian exports may receive US tariff refunds
