Trump proposes sanctions impacting India’s oil trade with Russia
after close1 source ↓written by the desknot a recommendation
- could soar
- 500%
- with Russia
- $100 billion
Former President Trump has indicated support for sanctions targeting nations trading with Russia, including India and China. If enacted, tariffs could soar to 500%, significantly impacting India's oil trade, which aims for $100 billion with Russia by 2030. These developments may strain India’s foreign policy and economic ties with the U.S.
Not investment advice. For informational purposes only.