India faces the fresh prospect of being levied up to 100% tariffs if the Donald Trump administration is able to get a new Russian sanctions bill cleared and the US President exercises the power the bill would give to impose duties. An Indian government source told Reuters that while the sanctions bill on Russian oil purchase is a matter of concern, talks so far have been reassuring.

India faces the fresh prospect of being levied up to 100% tariffs if the Donald Trump administration is able to get a new Russian sanctions bill cleared and the US President…

India engages in reassuring talks with the U.S. amid proposed 100% tariffs on countries importing Russian oil.