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World & Business

India could face 100% tariffs under Russia sanctions bill

Financial Express reported on September 17 that the bill awaited Trump’s approval, highlighting the tariff risk for India.

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2 Sources, 13d ago, first seen 13d ago

TLDR

Financial Express reported on September 17 that a Russia sanctions bill awaited Trump’s approval and flagged a 100% tariff risk for India. One user argued that if Trump imposed such tariffs over India’s purchases of Russian oil and gas, India should retaliate by reducing diplomatic staff rather than merely “watching the situation.”

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1.2K

2 Sources, first seen 13d ago

2 likes2 comments1 saves

Combined views

1.2K

2 Sources, first seen 13d ago

2 likes2 comments1 saves

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2 Sources

@FinancialXpressThe Morning Essential from Financial Express Good morning. Charting the landscape—the structural trends, policy realities, and core insights required to navigate the day ahead. ------------- Russia sanctions bill awaits Trump’s approval: India’s 100% tariff risk explained Read More: https://www.fexp.in/qnrPDt (1/5)
@satyasandahIf President Trump imposes 100% tariffs on India for buying oil and gas from Russia, our Govt should retaliate by reducing the diplomatic staff and not by merely “watching the situation”. This may sound harsh but extraordinary situation requires extraordinary action as we are neither a colony nor a vassal state.
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    2 Sources

    @FinancialXpressThe Morning Essential from Financial Express Good morning. Charting the landscape—the structural trends, policy realities, and core insights required to navigate the day ahead. ------------- Russia sanctions bill awaits Trump’s approval: India’s 100% tariff risk explained Read More: https://www.fexp.in/qnrPDt (1/5)
    @satyasandahIf President Trump imposes 100% tariffs on India for buying oil and gas from Russia, our Govt should retaliate by reducing the diplomatic staff and not by merely “watching the situation”. This may sound harsh but extraordinary situation requires extraordinary action as we are neither a colony nor a vassal state.
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