After Outrage Over Hypocrisy, Trump Nixes Tariffs On India For Buying Russian Oil
US President Donald Trump has waived sanctions and tariffs under a new law targeting countries that purchase Russian oil and gas, offering major relief to India and China. The decision removes the immediate threat of tariffs of up to 100% on goods imported into the United States from major buyers of Russian energy. Trump signed the executive order citing US national interests, just weeks after approving legislation aimed at increasing economic pressure on Moscow.
The move comes after months of trade tensions between India and the US over New Delhi’s continued purchases of Russian crude oil.
#indiausrelations #ustariffs #russia #trump #russiaindia
Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you.
Click here to download the Mint App: https://livemint.onelink.me/MrDS/p0kx3pdg
Now make Mint your preferred source on Google and get business & finance updates first.
Add here – https://www.google.com/preferences/source?q=mint
Subscribe to Mint Premium Now: https://www.read.ht/Scaq
Subscribe to Mint’s WhatsApp Channel: https://whatsapp.com/channel/0029Va91YSeGehEM6oMesj3d
