US sanctions bill raises tensions in India-US relations
after close1 source ↓written by the desknot a recommendation
- on imports
- 100%
The new US sanctions bill, signed on 18 Sep 2023, allows tariffs up to 100% on imports from countries purchasing significant Russian oil, raising concerns for India-US relations. Analyst Michael Kugelman praised Modi's diplomatic efforts with Russia amid these tensions, highlighting potential risks for India's trade dynamics. 🌏💼
Not investment advice. For informational purposes only.