US sanctions bill raises tensions in India-US relations
pre-market1 source ↓written by the desknot a recommendation
- on imports
- 100% tariffs
The new US sanctions bill targeting countries buying Russian oil could strain India-US relations. Analyst Michael Kugelman highlighted the potential for 100% tariffs on imports from nations like India and China. He praised Modi's diplomatic efforts with Russia amid these tensions, indicating a complex geopolitical landscape for traders.
Not investment advice. For informational purposes only.