World News@lemmy.worldEnglish · 12 hours ago

India faces 100% tariff threat over Russian oil after US House vote

www.bbc.com

India faces 100% tariff threat over Russian oil after US House vote

www.bbc.com

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World News@lemmy.worldEnglish · 12 hours ago

Trump’s tariff threat puts India’s Russian oil strategy- and its access to the US market - in a new bind.

The US House of Representatives on Wednesday passed legislation giving Donald Trump broad powers to impose sanctions on Russia and tariffs of up to 100% on countries that buy Russian oil and gas. It will now go to Trump to be signed into law.

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12 hours ago
This has been true for some time, it’s just that with Trump it’s gone to another level.

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