US Tariff Threat Over Russian Oil Tests India Ties

US Tariff Threat Over Russian Oil Tests India Ties

India faces mounting US tariff pressure over its continued purchases of Russian crude, including a proposed 100% levy under the Lindsey O. Graham Sanctioning Russia and Iran Act. Washington already imposed an additional 25% tariff on Indian goods, while a February interim deal set an 18% reciprocal tariff. India calls the moves a breach of its strategic autonomy.

Source: Deccan Herald

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